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No opinion on him, never really followed him

GLD has pulled back to a trendline on the weekly chart. Might be a good swing here. I'm now in it, if it breaks the line i'm out

Homebuilders are looking good.

Target for the SPY 112

Do you mean Barton Biggs? I think I heard this on Bloomberg today.

Thanks for posting this. I watched the 4 parts at youtube. Cramer was his usual, uh, self. Grant, I'll always listen to.

ok, but I want a seat by the window :)

Yea, that was all right even though I was wrong , not long. Let's do it next week Shortie.

There was a pop on the open and then flat from there . If that was a short covering rally and we're at resistance around 110 then i should go short at the close. Plus volume is not high.

Up big this morning, this market is crazy. Will it be another rally to the 50 day and then reverse?

it's another failure at the the 50 day ma

anyone notice that we're at the 50 day MA?

Wow I thought Shortie wanted to short BAC. I agree BAC isn't a buy here. I don't have a chart to post but me thinks shorting ED looks good.

with support at where? 13.50?

I voted! :) I agree with Shortie about the VIX. Plus there's a descending triangle on the daily SPY and I suspect people will be coming back from vacation tomorrow and looking to sell. Also, the first half of July is better than the second half. Large dark candle on Friday, not nice...

there's a bearish triangle on daily the SPY. The VIX is low and the second half of July is not as good as the first half. I got short on Fridays close. Count me in.

Golds overbought, the dollars oversold and stocks could use a correction. I went short at Fridays close thinking the Dubai thing will be the start of a short term reversal of the above.

I use TT pemier but I'm not at the point of recording Wash Sales but I know last year I used it to record Wash Sales. It can be done from what I remember. You can always call them and ask

This thread wouldn't have been complete without a comment from you.

On the lighter side, Pelosi has said that she will bailout the oil companies if oil drops below $35 a barrel. :)