I haven’t checked if it’s for real: Click to enlarge
readBiting my knuckles here: Asia is down huge. I may cover more towards lunch instead of in the morning. It’s true there are no leaders
readI will be selling SDS and covering FSLR in the morning; then I’ll buy double-long ETFs or short the double-shorts. We’re going up tomorrow: +4%
readCapitulation is definitely close: 2 days in a row I’m getting visitors searching for “stocks capitulation” 🙂
readIf you’re still buying the dip, read this and this. I had a pretty good day today. Traded FXP, SKF, SDS and FSLR. Overnight, I’m
readDip buyers are still out there, still persisting. I would say that 80% of people are now calling for a bottom. And everyone is wise
readBy this definition, I capitulated today 🙂 Remember Minyans, capitulation is when nobody wants to talk about it anymore… It’s when you don’t care where
read…with 1873, not 1929. The similarities are amazing. http://chronicle.com/temp/reprint.php?id=477k3d8mh2wmtpc4b6h07p4hy9z83x18
readGLD and SPY used for comparison SPY fees – 0.8%, GLD fees – 0.4%. Something’s undervalued here. It wasn’t always like this: September 2007 was
readTSX just loves 800 point down days. Anything less is beneath us! Crazy stuff. S&P/TSX Composite Index
readVIX over $44 but seeing a lot of this: “so much fear and panic, the smart money is buying now!” Amateurs are expecting a snap-back
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