Regarding gold.. the dollar is in a clear uptrend since Dec unless that uptrend in the dollar is broken I want no part of gold...the strength in the moving averages on the dollar indicate to me that the dollar will be strong for 6-12 months..unless we have an event..

IBM not at the party

Posted by admagazu on 19th of Feb 2010 at 01:25 pm

IBM not at the party ...

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=asAjqz74Xy3o IMF selling gold...

Posted by admagazu on 17th of Feb 2010 at 04:56 pm

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=asAjqz74Xy3o

IMF selling gold...

Gold wacked in AH..LOL

Posted by admagazu on 17th of Feb 2010 at 04:42 pm

Gold wacked in AH..LOL

yes absoultley true...but the fact

Bottom line is simple... as long as XLF holds the ...

Posted by admagazu on 17th of Feb 2010 at 11:27 am

yes absoultley true...but the fact is so far it has not and shows no signs of doing so....until it does i cannot short the market heavily..

yes , but this is

SOROS

Posted by admagazu on 17th of Feb 2010 at 10:10 am

yes , but this is Feb 2010... whats he holding now...

Bottom line is simple... as

Posted by admagazu on 17th of Feb 2010 at 09:53 am

Bottom line is simple... as long as XLF holds the 200dma... there will be no huge correction xlf 200dma currently is 13.76

Keep it simple... BKX and

Posted by admagazu on 12th of Feb 2010 at 09:13 am

Keep it simple... BKX and XLF have to crack the 200dma... PPT can see it too..bears need XLF to break 13.49 with conviction to be heavy short imo

BRK.b breakout

Posted by admagazu on 11th of Feb 2010 at 04:00 pm

BRK.b breakout

yes, stopped on todays position

i added to SCO this am 15.39 stop on trading ...

Posted by admagazu on 10th of Feb 2010 at 05:39 pm

yes, stopped on todays position

Just to clarify... i own

Posted by admagazu on 10th of Feb 2010 at 05:29 pm

Just to clarify... i own a core position in SCO frome the 14 area and am holding it for longer term .. Today I added a trading position at 15.77 and got stopped out at 15.39

USO came down hard last

Posted by admagazu on 10th of Feb 2010 at 05:23 pm

USO came down hard last week and bounced yesterday to the 50dma, failed and came back down, today it bounced to the 200dma making a lower high and failed again.. I believe crude is a long term sell....

I own SCO ...

i added to SCO this

Posted by admagazu on 10th of Feb 2010 at 10:14 am

i added to SCO this am 15.39 stop on trading position..

USO was wild today unless

Posted by admagazu on 9th of Feb 2010 at 06:12 pm

USO was wild today unless its a bad tick it may have failed at the top...

XLF is sitting on the

Posted by admagazu on 9th of Feb 2010 at 04:44 pm

XLF is sitting on the 200dma... feds can read charts too.. unless or untill it cracks that 200dma soem kind of borrom may be in..

that looks like a monster

Bullish reversal candle foretells end of Wave 4 triangle?

Posted by admagazu on 6th of Feb 2010 at 06:43 am

that looks like a monster broadening top pattern to me... almost always leads to catastrophic failure..

The community is delayed by three days for non registered users.

Posted by admagazu on 2nd of Mar 2010 at 08:56 am

Posted by admagazu on 25th of Feb 2010 at 12:03 pm

Posted by admagazu on 25th of Feb 2010 at 11:42 am

Posted by admagazu on 24th of Feb 2010 at 06:11 pm

Posted by admagazu on 21st of Feb 2010 at 11:19 am