Plays I kept posting? You probably thought I was crazy. Now you see the results for yourself. Strong markets don’t make these kind of stupid PSYCH! moves. They might Psych once, but then turn an...Read More
Here is the Saudi TASI index. To me it is important to see it hold here, as it would mean investors are taking the OPEC agreement as serious. Which would give me a sense where i should renter my long ...Read More
Saudi Tasi seems to be holding in a flag type pattern at the top of yesterdays high. Which means to me there is not too much faith in the OPEC chatter and oil is moving higher more likely due to a sho...Read More
Undoubtedly we will break through at some point, today next week I don’t know, but what I do know is I am buying the dips and selling a portion of it into the resistance area. I have been up sin...Read More
Sterling has broken out of the channel. This is good, but I would have liked to see it move to at least the 127.85 area and back in to the channel and hold. Never the less it should stop the panic sel...Read More
I know some people really freak out when things are not going their way and they see a sea of red everywhere on their screen. Mike Norman has talked about this EXTENSIVELY! I truly think that is the m...Read More
It has been said that if you bought and own the GBP you are now infected with the Ebola Virus. I cannot tell you what kind of fuckery clowns are capable of in the short term, no one can Whenever you s...Read More
Up 0.65% from last year when it was 2.72%. Or $159,079 Billion a 32.3% increase in spending from the year before. Which is essentially what the economy lost from a reduction in Oil CAPEX. In other wor...Read More
I have made several comments about DB as being a ticking time bomb for the markets. Well it went POP! Now I need to be more specific. The problem is obviously liquidity. Not capital. Can they get it? ...Read More
With this move I improve my cash position, while improving cost basis in SPX, bringing the portfolio to a more even balance of exposure. $GBPJPY open position has rally made a impact to my profit for ...Read More