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emotleyguy (< 20)



27 August 2011 It's All About The Data Points

August 29, 2011 – Comments (0) | RELATED TICKERS: VXX

WARNING Danger Will Robbins Economics Ahead  [more]



25 August 2011 Vacillation and Fascination

August 29, 2011 – Comments (0) | RELATED TICKERS: AAPL , BAC , BA

It's Not What You Know 




24 August 2011 Close But No Golden Cigar

August 25, 2011 – Comments (0) | RELATED TICKERS: GLS.DL2 , GS , CLR

Gold imploded today as we suggested even though we said it would happen after hitting 2,000 an ounce. In trying to figure out why, we have to go to the commodities exchange in China and you would find out there was a margin call in China while we all slept last night. Gold came out of the box this morning down 40 dollars. It rode all the way down 100 dollars an ounce. After the close today the CCE in Chicago Followed China's lead and raised the margin call for Gold. Knowing this we can expect a further and probably significant erosion tomorrow. Our managed portfolios today missed the stop order by 31 cents on our long GLD positions. We expect them to execute first thing in the morning. Our GLD PUTs are up 62.3% up and should explode tomorrow. Our intent is to let the stops execute and look for at least a double on The PUTs.   [more]



23 August 2011 That Flaky Mr. Market Fooled Us Again

August 25, 2011 – Comments (0) | RELATED TICKERS: AMZN , JJG , VXX

Now we must take some credit at we called the dismal housing report and the market should have reacted negatively, but that did not happen. Overnight, there was some manufacturing news out of China that was not good, but better than expected. That triggered some hope in Europe which did have ok economic news which fueled a bit of a rally in Europe. The money on the sidelines here jumped in and we were off to the races. A 3% rally took place only slightly hampered by a 5.9 earthquake in the capitol. We have never seen congressman or senators move so fast. Normally they have to be dragged away from a podium, but not today. Exit Stage Left!  [more]



22 August 2011 A Long Ride With Vicky

August 23, 2011 – Comments (0) | RELATED TICKERS: GLD , GS , VXX

There used to be an old joke about going out with a girl named Vicky Vap-O-Rub. All she wanted to do was drive up and down congested streets! Baddah Bing!  [more]

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