Monthly Archives: June 2011

The us buck is very close to breaking the 1 year down trend yet again, will it stick?

Every time they bang on the line, it weakens.  The dollar has been going down for many years and the downtrend will be very tough to break.  It was at 120 in July 2001, look at it now at 76, … Continue reading

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if you have not lost your a** over the last 5 weeks you can afford to trade for a bounce play long NQ

How much, 10-50 points? who knows at this point.  Seems like it was too easy on the short side with 5 down weeks in a row (wish I would have played it better but no one is perfect).

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Look how Bunk of America has now broken 2010 lows

Pretty amazing when you think about it, housing prices down, mortgage values down, the entire sector down pretty darn hard in the last month or two.  Banking was too much of the economy anyways.  Just look at how many street … Continue reading

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Pretty shi** action in the spy’s today after a euphoric yesterday

Well the euphoria from Monday night over the Greek bailout part two (remember the same thing a year ago in the Sunday night futures limit up) sure faded out fast.  I had a feeling that it would.  They sure had … Continue reading

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