State of the Market

Here’s a video discussing what I see as the current state of things (you’ll have to turn up your volume).


0 thoughts on “State of the Market

  1. It’s been a long time since I’ve woken up in the morning and watch on
    Bloomberg TV that the Dow futures are down 100 or 150 or even 200. HW

  2. Thanks. Third year presidential cycle generally says
    money is poured tothe market. That is pattern developing.
    QE2.5 is here and it means support to the market.
    Gold leads commodities by 75/80 days the
    recent washout in the CRB was to be expected on that basis.
    When the first margin requirement was made, I went massively
    short silver. I am short of crude as well. I am thinking 91,89.
    My silver puts made me happy. I will buy again soon,
    looking for the entry setup.

  3. Jason – I have to disagree with you on the spx daily chart. that breakout from an inverse H&S, looks more like a fakeout and failure to me…so spx 1150 is more like the target.
    I know I know – just sticking my head out “again”

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