I truly hate silver and intend to crush the Jerry Lewis silver traders, in this life time or the next.
I bought 10,000 ZSL, personal.
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i like the trade and the movie.. the town was solid
yes… i shorted one mini-contract of silver today. cleaner play than these ETF’s ( no decay ).
Looking to short /SI at 40.35
We go higher.
Indeud!
bought TNA back
Isn’t Senator Gint a silver trader?
GOLD short as well…
Get in the fucking Prius and ride lances forward to the wind farm, we’re going green. Still holding FAS from earlier, +5% common and +33% on calls intraday.
Picked up DNDN today at $11.10 strictly as a bounce play. Now that the bounce has arrived, of course I’m having a tough time dumping it….stupid greed!
Dump half…let other ride with stop at buy…greedy bastard.
LOL, I know, I know. And no, this greedy bastard (And possibly stupid, we’ll see) didn’t go with conventional wisdom and sell half. Still holding, hoping it will push through $12 tomorrow.
“…Jerry Lewis silver traders…”
Thanks for the chuckle.
Also, if anyone is interested VGK is a good European etf with about +20% Bank exposure.
I traded it twice in the last hour but going out with zip.
Wise call by FLY to watch BAC and RKH today.
shorting ZSL,silver to $50
For those that may have missed this post from the previous blog.
Check the time of that post.
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alf44 says:
September 12, 2011 at 2:34 pm
So … let’s recap shall we ?
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I have just taken MORE profits on my SHORT position !
And … I have added (ie. averaged down) on my LONG “hedge” !
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I guess you could say I am NOW LONG … and “hedged” on the SHORT side !
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I am NOW Currently :
~ 20% SHORT (via TYP “hedge”)
~ 37% LONG (via FAS)
~ 43% CASH
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Actually NET LONG now … and sittin’ on some CASH if adjustments are needed ! fwiw
We shall see !
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DAMN !!!
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In The Land Of The Blind … The One Eyed Man Is King !!!
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🙂
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OEW Daily Recap:
“The abc of the SPX 1121 is still labeled as Major A. The recent three wave decline can be labeled Major B, and Major wave C could now be underway. What this count suggests is the market still has a shot at confirming an uptrend and reaching the OEW 1240 pivot, if not higher. To invalidate this count the SPX would have to drop below 1121. To support it, the SPX must first hit the 1176 pivot to turn the short term OEW charts positive. Then clear the 1187 pivot, which seems to be the swing pivot for this potential uptrend.”
Recap Recap: SPX 1121 Bad … SPX 1176 Good
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