Steve...............!!!

Beautiful job last night!

Should prove to be interesting. Let's hope historic.

Notice the megaphone pattern which has clearly emerged. In my opinion, the SPX would need a possibly unprecedented move up ASAP, in order to make this anything other than a bottom formation on the VIX. With all the other sentiment indicatiors being triggered in recent days including volume triggers, outside reversals and broken trendlines, what should be expected is a consolidation flag led by a low volume retest. This could be a painfully slow roll over. A lot of people have their reputations invested in this so-called "new bull market".

... failed to make new highs.

... hoping for justice!

Appears to be exiting a downtrend.

have you read the original article?

If U3O8 can hold $40 and the US dollar breaks down further, I would expect the small Uranium and the rare earth miners as well as golds to really begin to move. Once we get the big fellas out into new highs, the little ones will follow.

Thanks

srs

I agree odds are it'll cross... next.

Just because some of us think it maybe the time to short FOR WHAT EVER REASON... doesn't mean it's time. Send out your probes. Test the market. Doubt the trend. Keep your stops tight. But, don't look away. Cause that's when it will turn.

... here, here!

Looks very inviting! I'm starting off a little SRS long. Stop @20.50

Looks like it may hold. Shouldn't take too long to find out.

It's shaping up nice. A little oversold at the moment but, the daily chart is still pretty fair.

I started out short @8.56 on Thursday. Will add some when we break $8.

Could be very soon...

Definately. Sometimes certain shares are unavailable to short and this is a good alternative. Do a search for srs/ure. It's been discussed.

It's rather saddening to see the SRS pay such tepid returns. However, we have noted these lower returns in the past and still averaged surprising prifits over time. My advice to myself is... now is not the time to get complacent and look away.

No automation at the present time. If you do look into active trader, be sure to enquire about  A.T. WEB. It's an unadvertized website that allows you to make your trades in realtime if you have access to the internet but, not your trading platform... a back up. I plan to use it on occasion with a 3G.

I recently upgraded to TD Active Trader. As far as features go, this platform isn't an industry leader. Having said that, it is fairly quick to find a set up that fits ones needs. I used the demo for a couple of days then went live in time to catch the buy signal on SRS yesterday morning. Needless to say my first trade on the platform was a winner.

I'm from Canada as well and I allready had an account with TD WebBroker, so it was an easy transition to the direct platform. The "investment reps" in the active trader department are vastly more helpful and knowledgable about their systems.

I've still got an extra membership at "Stockcharts". I will probably bump it back up to a realtime. If I don't find something better.

Matt or Dodger

If necessity dictates, can we buy long the FAS using the FAZ short signal? Similar to SRS/URE??