I’m less than pleased with my recent performance. I’ve succeeded in losing money six ways from sideways, in this asshole Jitterbugging I’ve been doing of late. Today should prove no different, looking at the oil futures.
ERX traded at $90 not too long ago; and if this correction should rebound too sharply, I will be bitch slapped upside the head with a tire iron.
I can only hope that the other garbage in my collection manages to keep up with the radioactive ETF I’ve decided to load up on. The last two days have been acceptable, with me up, but that could change.
This correction has been agonizing, and I don’t believe I’m up at all for this year. My singular hope could come from silver, if it rebounds to $50, taking my precious physical with it. However, short of that, if these REITs don’t start taking off soon, this year could be a red mark and what has thus far been a two year blitzed marathon of joyous wonder.
God willing, this market will make up its mind, so that this party can keep on dancing.
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I am guessing it is not turning out as badly for you today as you thought. Holy Crap – LNKD! Welcome back to 1999!
True…
Reversal!
CCJ is closing in on it’s downtrend line that started on Feb. 14, 2011. If it doesn’t break down hard, then I think it will def retest 31.25 on the upside again.
That would be nice. However, even if it does break down, I will not be selling.
There are a few underlying developments in the uranium market that will make CCJ quite valuable in the years to come. I will hold through hell and high water.