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33 Is this a dagger which I see before me,
34 The handle toward my hand? Come, let me clutch thee.
35 I have thee not, and yet I see thee still.
36 Art thou not, fatal vision, sensible
37 To feeling as to sight? or art thou but
38 A dagger of the mind, a false creation,
39 Proceeding from the heat-oppressed brain?
40 I see thee yet, in form as palpable
41 As this which now I draw.
42 Thou marshall’st me the way that I was going;
43 And such an instrument I was to use.
44 Mine eyes are made the fools o’ the other senses,
45 Or else worth all the rest; I see thee still,
46 And on thy blade and dudgeon gouts of blood,
47 Which was not so before.
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Sure, we’re all getting a little bit MacBeth-paranoid here. In fact, many are in full panic and I can understand your feeling. It was no fun trying to concentrate on track business today (literally) whilst glancing at the ever plunging price of silver, and then gold.
That said, we are in extremely oversold territory here, which should allow those of us who are too nervous to hang on (aye, if the inevitable D-wave is here, we should all be nervous) to exit into the sharp rebound.
I am still of the mind we are in a severe, if blood-freezing correction, brought on by a number of factors which can only be ascribed to government-regulatory cronyism. Sorry, I calls ’em as I see ’em.
Take a look at our friend $Silver again after today’s close:
The oversold condition is unmistakeable. Same goes for AGQ another Bollinger Band crash victim that can make one money right off.
I haven’t seen a stock this oversold since the days we played in IOC, and remember what fun that was? V-King remembers. Well, cheer up, it can be fun again, and we can grab some gains here, even amongst the carnage.
Be well, and be attentive, me swabbies — SLW and EXK look sexy slimmed down like this. Small bites along the way is how I’ve been re-accumulating monster AGQ. You may wish to look to that path for any of the stocks you are currently stocking.
I’m tired beyond all belief and Derby is two days away. Not sure I’ll make it. More tomorrow.
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