June 22, 2009 –
Disclosure: The following content is not necessarily written, edited or pre-read by goldminingXpert. It is the work of various contributors and generally agrees with GMX's views but should not be necessarily intrepreted as the views of GMX nor should it be used as trading or investing advice. GMX nor any of the other contributors take responsibiltity for decisions you make because of this blog, any of the other GMX blogs, nor anything else you read off the internet. The following content is merely one data point you should use in your process of due diligence about any investment you pursue. If you invest merely based off any one article you read, you are foolish. GMX may or may not own or short any of the stocks or indices listed here. GMX is happy to provide a full disclosure if you request it regarding any particular article. [more]
May 21, 2009 –
Read this carefully. Read it slowly. Read it twice. The bond market is telling you that the economic earthquake has not yet hit--what you've seen so far are just tremors before the earth moves. I could tell you to sell your stocks now, but you already know what I think. The gun is loaded and pointed at your 401k and Uncle Benny has his finger on the trigger.
May 07, 2009 –
I've taken the opposite position of every single ETF pick of Ultralong (I may have missed a couple, but I did my best). Ultralong has had an astounding run from new player to top 5 in the last two months, however his time--and his bear market rally--is winding down and may have in fact ended today. By taking the opposite position of each and every one of his picks, I shall score 1000s of points in this profile as the market corrects. I just entered all 103 picks, so they should go active here within the next 20 minutes. Good luck to my fellow bears--things are about to get interesting. [more]
April 09, 2009 –
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RELATED TICKERS: SPY
, GO
, LOW
Today appears to be marking the top--or at least near top--of a bullish blow-off move north. Thus, I have shut down the bullish bias of this profile and will start gradually swinging towards a bearish complexion for this profile. I've taken the first step a bit ago by green thumbing a bunch of bond funds, but I will start adding the 2x ETFS if the market climbs much higher. I've thrown the first ETF green thumb into the fire just now--SKF is a good-looking long here in the 70's.
February 12, 2009 –
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RELATED TICKERS: SPY
, QQQQ
, XLF
If you're into short-term trading, get long now or at least get out of your shorts. My indicators are signaling that the bottom was put in this morning and an explosive move north into OPEX can be expected. If the S&P slides under 805, I'm wrong and long positions should be abandoned. Thus, the set-up is 10 points of downside and ~50 points of upside, as 860-880 range is the expected target on the rebound. [more]
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