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RaginCajun

Go Lift Weights

I’m ovah here getting in the best shape of my life. Instead of watching this market tick by tick, go do a few sets of deadlifts, and in between sets, don’t forget to buy a little more $TZA & $FAZ.

In my opinion, there has not been enough blood to sustain a playable bounce. Best case scenario is a huge sell of into the close, and even then, the charts will need more time to heal. Before you get all crazy and try to play the bounce, just remember the margin call clerk is on her way.

Top pick: Fitness

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Guilty Until Proven Innocent

How can you buy a chart like this? Everything about this chart scream BEAR. As of midnight CT, the futures are down another 7 points and oil is still gushing into the Gulf like there is a never ending supply in the Earth’s core. I got to admit, with every passing day there seems to be a little more panic in the air.

And, what am I doing? Buying dogs and shit. What is worng with me? I need to be developing a contingency plan on how to get the hell out of Louisiana.

Ok, back to stock again. They are going lower.

Ok, that was short. However, the funnel is long and wide, so be sure to get in. As for me I am funnel proof and have many mini $GS bots on my side via The PPT.

While we’re on the subjuct of robots, The Fly and Jeremy are not human, just so you know.

As you are well aware, this post makes no sense, but nether does the market, so what’s different?

I could post a bunch of charts of setups I like, but why bother? On a big gap lower, buy stocks, or you favorite 3x crackmoblie ETF. If we continue to drift higher, just jump in the FAZmoblile, mater of fact, when in doubt, just go buy FAZ. Everytime you are tempted to buy stocks, just motion yourself to buy more FAZ.

You can’t lose.

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PCX: Short Idea

Gio highlighted this last week, on further weakness this should be good for a few points on the downside:

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STEC: Long Idea

I bought $STEC @ 13.35, with a stop right under the50 day @ 13.03.

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More Charts

I am still watching the $RUT, it is the only major index still above the 200 day moving average. It was a good tell back in the ’08 crash, and a good tell in the recovery. Keep it on your screen:

$HNR is ranked #1 inside The PPT, watch for a breakout.

$MVIS, an old favorite of The Flys, is showing some great strength as of late:

$OVTI, an iPhone4 play, is flagging here, watch for a breakout:

$AONE has beenĀ  picking up some steam the last few days, keep it on your radar:

And, the precious metals are back in play, check out EGO, ANV:


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