Here are the components, for you chart lovers:
China Mobile represents 11%, iCBC 8.5%, China Life 7.7%, PetroChina 6.5%, etc.
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Silver (SLV) may drag gold up later. ABX had an upgrade this AM. Time for Leave It To Beaver on TVLand.
Wtf, they are all sitting at or just broke down through their 50 days. Yet FXP is $69…
The last 3 on your list do look like buys though.
Thank you retards, feel free to buy JCG at or below 35.50 now.
At the precipice.
Place your bets.
i am a little concerned….
every fucking thing i am reading today (even the normally bullish sources) is talking about financial apocalypse
the contrarian in me thinks this uniform bearishness is bad
please let my contrarian voice be wrong
Take a trip down Nostalgia Lane with me a moment…
Do you remember what you were doing in October of 1992?
DSL remembers that was the last time its stock traded at $6.00.
___________
DEATH is coming, prepare. By the way, should Hillary concede tonight, the market will take a huge shit tomorrow due to the possibility of extreme tax hikes.
GS could bust through 170 shortly to the downside.
Oct. 1992- I believe I was watching the Blue Jays actually win the World Series.
October 1992? Probably doing Ross Perot impressions.
The LESRJs (June 50 LEH puts) are approaching my sell order price at $18.80.
Trying to decide whether to let them go, or move the limit price up. I think I’ll leave the limit in place and take the money if the market will give it to me. I still have some LEH shares short, so why gamble with the puts?
UPDATE: With the market diving like this, I’m moving to $19.20 to scalp a few more $. I’m usually wrong when I start resetting sell limits on the fly, but LEH is getting such a hammering that I can’t resist.
Something just changed. Everything I’m watching went soft.
Hmmm….
Someone just had a massive bowel movement.
Seeing that this is my best day of the year, and feeling uneasy about what to do next, I’ve fired up my long forgotten iPod, in shuffle mode. For those that don’t know, my lucky iPod speaks to me. These are the first 5 songs it played.
Back in Black – AC/DC
Don’t Change – INXS
Unbreakable – Fireflight
Is It Any Wonder? – Keane
Invincible – Muse
I am staying the course for now. Let’s see what the next five songs are…
BOOMER- Sell it all and go get some biscuits and gravy.
Yes, buy SLV. Bank and dollar meltdown imminent. Who has a brighter future? A boy living in Baghdad or Janesville, WI?
I just went 100% cash. Don’t know why, just trusting my guts.
Took my $19.20 on the LEH puts and can now stop watching things closely.
Hold your chin up with pride, BOOMER. You stayed the course for a full 840 seconds.
nice job. I took off my LEH puts as well. though down only 6% at the time.
wise move boomer
the slope of that drop is scary
ott – well, it is an iPod for pete’s sake! I bet news breaks after hours. Something sucky out there.
hehe. All in fun, BOOMER.
But, if it was a 1st-gen iPod, you shouldn’t cross it. Obey.