[AngelinIsRich08]

It was Soro's and other billionaires who are dumping SLV. Theyll be the cause of the other flash clash.

[mact3333]

hasnt happened since the bull was confirmed in fall 09'....close up would show we closed below 75 wk moving avg...hmmm.

[AngelinIsRich08]

Originally Posted by mact3333

1. SPX high 1260....tank...classic backtest of major trendline violated and tank.

2. AGQ rec'd at 160...now 235( 75).

Ooo AGQ. Same happened with SLV but this fell twice as hard. Would AGQ be a good buy next week? It's $197 now from $235 this morning.

[Chowbow]

Time to load up...

[BayMoWe335]

Originally Posted by Chowbow

Time to load up...

Careful.

[AngelinIsRich08]

Originally Posted by Chowbow

Time to load up...

Not tomorrow though. You don't know what Monday could bring....

[Vanity]

Expect the Fed's to release QE3 late August at the Jackson Hole meeting.

[AngelinIsRich08]

Didn't buy SPXU again and markets will be down again tomorrow.

[AngelinIsRich08]

Well markets have fallen more than 10% really quickly so we are in correction mode. I don't know how long it'll last though, especially since the markets will be down tomorrow. Maybe there will be a lot of buyers Monday or Friday afternoon causing the markets to go back up.

[AngelinIsRich08]

I made a killing this morning with SPXU and SRTY. Forget stocks, these things are really easy ways to make a lot of money.

[mact3333]

the technicals show peoples fears, euphoric delusions and anxiety...the black boxes respect it also...Dow Theory sell signal in place now...transports and INDU both broke March lows.

But the final "marker" to mark THE top isnt quite in yet so I am now 60% convinced "the" top has been set...almost there...cash is king for now...if the bull train has officially ended we have plenty of time to get short as we are very early in this bear trend...if the bull is going to continue we better reverse course real soon.

[AngelinIsRich08]

Originally Posted by mact3333

the technicals show peoples fears, euphoric delusions and anxiety...the black boxes respect it also...Dow Theory sell signal in place now...transports and INDU both broke March lows.

But the final "marker" to mark THE top isnt quite in yet so I am now 60% convinced "the" top has been set...almost there...cash is king for now...if the bull train has officially ended we have plenty of time to get short as we are very early in this bear trend...if the bull is going to continue we better reverse course real soon.

Yep. The S

[wren57]

How I feel this week:

I've been calling this crash for a while now and I wasn't able to capitalize on it. Fuck me.

[nnnnnnnnnnnnnnnnnnnnnn]

calling a crash like this is like saying there will be a 12 pm tomorrow. Everybody already knows it.

[Fantom555]

Angelin I also worked the SPXU today. although I bought it very early so I have a little wiggle room...think it would be wise to hold it and see if the gap down on Monday? Fed has a meeting Tuesday.

[AngelinIsRich08]

Originally Posted by Fantom555

Angelin I also worked the SPXU today. although I bought it very early so I have a little wiggle room...think it would be wise to hold it and see if the gap down on Monday? Fed has a meeting Tuesday.

Yea you bought at a good price. I don't know what will happen on Monday or at all in the future for the matter. I sold at a 5% profit just to play it safe and won't get into SPXU again until Monday or Tuesday depending on trends. The Feds will speak carefully so they don't cause the markets to drop even more but what they say might be harsh nonetheless. I bought a couple hundred apple shares today which is risky but I'm hoping it does fine. Also I made positions in BTU and will sell for a pretty sure but small profit.

[ES_TRADER]

Originally Posted by AngelinIsRich08

I made a killing this morning with SPXU and SRTY. Forget stocks, these things are really easy ways to make a lot of money.

yes, if u can pick the right direction more than 50% of the time.....no such thing as easy money in these markets...unless ur on the inside...

[AngelinIsRich08]

I like playing with the Russel 3000 inverse more because, while riskier, it gives better profits.

[nnnnnnnnnnnnnnnnnnnnnn]

Originally Posted by Fantom555

Angelin I also worked the SPXU today. although I bought it very early so I have a little wiggle room...think it would be wise to hold it and see if the gap down on Monday? Fed has a meeting Tuesday.

This thread has hit a new low

[mact3333]

for time stamping and book keeping purposes only.

http://screencast.com/t/bVmUXq4Rt

[AngelinIsRich08]

We just lost our AAA credit rating. Goodbye stocks!!!! I bought so much apple and btu today and sold all my inverses.

[rallysport]

uh oh, what effect will this have on PM's? I shorted Silver yesterday. Might short S&P monday morning