Charts for the evening: February 26th, 2009
Friday, February 27th, 2009Enjoy. AMR Corp (AMR) Campbell's Soup (CPB) Dryships (DRYS) Juniper Networks (JNPR) Merck (MRK) Famous Dave's of America (DAVE) Procter & Gamble (PG)
Archive for February, 2009
Enjoy. AMR Corp (AMR) Campbell's Soup (CPB) Dryships (DRYS) Juniper Networks (JNPR) Merck (MRK) Famous Dave's of America (DAVE) Procter & Gamble (PG)
Apologies: February 26th, 2009
Thursday, February 26th, 2009Sorry for not making a post during the day, but i was watching golf all day. A certain someone named Tiger Woods is back. Charts to come later.
Quick Post: February 26th, 2009
Thursday, February 26th, 2009As most of you know by now, the dow has broken 2008 lows, but the larger picture is what we need to be paying attention to. In all honesty, the S&P 500 is a much more accurate indicator of the economy, but people love the dow for some reason. For ...
A look ahead: February 25th, 2009
Wednesday, February 25th, 2009Good morning chasers- What a day yesterday. Someone talked and the market reacted well. Interesting. I'm almost convinced that this is the beginning of the end, but we're probably still headed lower. As Jmoon predicts, 6000 DJIA is right around the corner. I'm not sure I'm totally on board with 6000 ...
Post in a bit: February 25th, 2009
Wednesday, February 25th, 2009JShade will be making a post in a bit. Today was a very interesting day to say the least, but the story of the day was gold. The precious metal got its legs taken out from under it and consequently, all the gold names got absolutely crushed today. I am currentl ...
Yen: February 24th, 2009
Tuesday, February 24th, 2009The continuing weakness of the Japanese Yen to the U.S dollar is really beginning to worry me.
Some charts: February 23rd, 2009
Monday, February 23rd, 2009Here are some charts. Starwoods Hotels (HOT) U.S Steel (X) Market Vectors Gold Miners (GDX) Energy Conversion Devices (ENER) Conoco Phillips (COP) As many of you know by now, the markets are in a very precarious position. My predictions for 6000 Dow are now becoming a reality. As I close this post, the chart below is ...
Simple Strategy: February 23rd, 2009
Monday, February 23rd, 2009My strategy is simple: converting to cash. I apologize for not making any posts during the day, but I will make one later on this evening, probably a video post.
One of the worst stories I have ever heard: February 20th, 2009
Friday, February 20th, 2009Your heart goes out to individual such as this 90 year old man. This goes to show that people like Madoff are worth less to human society than the dog shit that gets scraped off the bottom of your shoe.
Judgement day: February 19th, 2009
Thursday, February 19th, 2009It is official folks. The Dow Jones broke 2008 lows, but we still closed at a six year low. The breadth in the market seems so negative right now and it is astonishing how good news doesn't even trigger a gain in U.S equity markets. Tomorrow is judgement day in ...