Are you long for the short-term, new highs, momentum trade? I'm looking to short gold with leaps when/if it approaches 2K. No one is bearish on gold... and I'm the regression to the mean with very little risk (options) guy. Gold 5k lol
Kohn: Fed might consider more easing http://news.yahoo.com/fed-might-mull-easing-no-action-seen-014632903.html
And the bulls were crying the other day, everything is back to normal, the markets bounce this afternoon, the rally will continue into the end of the week as Fridays job report will mean just more QE3 for the markets, so let the rally begin, enjoy! S&P FUT 1263.80 9.30 +0.74% DOW FUT 11895.00 77.00 +0.65% NAS FUT 2319.25 16.75 +0.73%
Just another bailout for the wealthy and no one else. Lets just keep easing and pump more QE into the economy, thats what the economy needs hahaha, bunch of fucking fools. Worthless dollar and skyrocketing inflation.
I've been bullish on Gold over the long term since 2000, short term cyclically bullish since February 1st, 2011 and swing bullish since July 1st.
Remember, a worthless dollar helps the economy with exports. When you want the economy to recover, the last thing you want/your worst nightmare is a strong dollar.
it's time to sing the song!!! one two three four..all together.. http://www.themadmusicarchive.com/song_details.aspx?SongID=16140 http://www.mp3lyrics.org/b/bob-rivers/the-dow-is-down/ mp3 download link- https://rapidshare.com/files/3425758218/Bob_Rivers_Twisted_Tunes_-_The_Dow_is_Down.mp3
The correction will be over and market will stabilize if and only if we close flat or green today (Thursday).