Gold. It is the most logical choice among speculators to target as the best risk asset. It is the next bubble. The greatest benefit of gold is...
The stress tests were a joke, but we are not the ones with the money, the people with the money determine the rules. They decided to put out an...
Lack of traders in this forum. I still think there are a lot of traders out there. But they are probably less hyperactive as they were before....
One of the things I liked before about Elitetrader was that you could gauge the sentiment of the crowd by looking at the forums. But now, with...
I remember viewing the trading threads back in 2006, 2007, 2008 and they were lively with lots of activity but things have gotten a lot quieter in...
Its a bad sign. No capitulation, just more hope of an oversold bounce. Its a bad sign to see this market sustain trade under 1060 for a...
Short the sucker's rally! The Europeans think that they can defend the euro, by printing more euros. The only way to defend the euro is to kick...
This is going to fail unless the ECB prints a crapload of euros to buy up all this crap debt from the PIIGS like the Fed bought crap mortgages....
The Europeans are a bunch of clowns putting lipstick on the PIIGS. The only way the market will pay attention is if they chop off Greece, get rid...
I think we'll wake up to some deep red futures tomorrow morning, probably down below 1100. I would be very cautious buying the dip overnight. I...
Just by the Fed massively increasing M2 money supply, that in itself tells you that there is more cash on the sidelines. Sure, its at the banks...
Europe is closed on Monday due to Easter so volume will be lighter than normal.
Too many people are looking for a 3% correction. I don't think we get one until investors and traders are less cautious. People don't like to...
That was Larry Levin. That guy has been wrong repeatedly. He was bearish 100 points ago, turned bullish a few days ago, and now he's calling for...
Throughout this relentless rise, 14 straight up days in the SPY, there have been so many looking for the top that I think it will be elusive. We...
The guys who make the multi millions are guys like neke who are super aggressive and go for home runs. One of the interesting things I read from...
If you go long at 1098.7, what is your target? The market closed around 1105. That's not many points. And 1098.7 is around yesterday's close....
I think its generally agreed in TA circles that an inverted head and shoulders is bullish. A regular head and shoulders pattern is bearish....
Its pretty obvious that he's talking his position. And wants to sound like he has fundamental reasons for his call, so he'll come up with a bunch...
I have written an extensive piece about the recent overnight action that we have seen. I'm not sure how many ES traders trade the overnight...
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