Submitted By Trader Mark
Obviously this market continues to run over shorts; I cannot fathom that just two weeks ago as we entered Halloween weekend the market was breaking down, the 50 day moving average punctured, a long term trend line from the March lows to October lows had been penetrated, and we were coming off 5-6...
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 Submitted By Gary Tanashian
Yes, I wrote that in NFTRH. Actually, I think it was 460 and adjusted to 470. Anyway, it is not like I am surprised. Disgusted yes, surprised? No way. I have seen this movie before.
I am not so much bearish on silver as I am on speculative excess in general. And the silver boyz can get as...
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Submitted By Gary Tanashian
From NFTRH9, dated November 15, 2008:
Present...
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Submitted By Gary Tanashian
SINGAPORE (Reuters) – U.S. Treasury Secretary Timothy Geithner offered fresh reassurances to Asian nations that the Obama administration was committed to a strong dollar and to actions aimed at bolstering its value...
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Submitted By Trader Mark
Deep... deep... sigh. I don't know what troubles me more; the concept of exchanging higher grades for money. Or the fact a parent group thought it up... as a fundraiser! (something about apples don't fall far from trees would be appropriate here)
Not the first time I've heard...
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Submitted By Trader Mark
Wow, I was taken aback by this story in Bloomberg - it's been a great week for quotes. [ndmymutualfund.com/2009/11/walmart-wmt-executive-there-are.html">Walmart Executive: "There are Families Not Eating at the End of the Month"]...
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Submitted By Trader Mark
Of captain... my captain... will you show us any life?...
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Submitted By Trader Mark
I am not sure when the euphoria ends, but I am going to take some profits in individual names - this seems like a "blow off" top but so have all the other moves that were questioned.
First is India's HDFC Bank (HDB) - we only have about a 1% allocation, but I am going to sell 90% of the position...
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Submitted By Trader Mark
An interesting question posed by the Wall Street Journal, but I believe a misdirected one. Central bank...
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Submitted By Gary Tanashian
Price action is bullish. There, we got that out of the way.
The technicals on the Dow however, continue to meander along, slowly degrading as the dumb money becomes emboldened. I guess I am becoming something of a perma-bear, but then again I was persistently bullish beginning a year ago. Good...
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Submitted By Trader Mark
Engineering / infrastructure firm Fluor (FLR) is one of those few stocks that one could purchase before...
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Submitted By Trader Mark
As we sold our SPY call options off in parcels yesterday I was using a mental stop loss that i was moving up as the S&P 500 raced higher. By the end of the day I said I'd sell out around S&P 1085 to protect large gains generated by buying in the 1060s Friday mo...
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Submitted By Trader Mark
Quite an interesting situation here as we see a substan...
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