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Strategies & Market Trends : Mike's Big Adventure Trading Forum

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To: Square_Dealings who wrote (597)3/3/2006 7:57:45 PM
From: nspolar  Read Replies (6) of 1791
 
It is getting to be a small door ... everywhere.

I am watching my longs daily, and am long because of my feelings about one last push in general market issues here. The NDX is slowly making its way through 1700.

The other day I got a kick out of a post by trotsky. His premise was that since the Rydex PM fund had reduced assets considerably, that meant there was room for money to move in. I have been watching this fund for years now, and they have never been wrong. They have telegraphed this move like none other. The HUI is currently more dangerous than any index out there. Trotsky imo has an axe stuck in his head. I agree with Swenlin, completely.

decisionpoint.com

Swenlin is also noting the same thing in the general market indices.

decisionpoint.com

All sectors appear to be setting up for a synchronized dump. It is going to be brutal for most.

I have an alternate I did for the HUI and am taking it one day at a time as well. The best shorts are gonna in places that will surprise the hell out of most. Many of these laggard stocks, like CDE for example, are exhibiting rises that appear to me to be the last vestages of a 'corrective' against the trend C wave. The opposite side of that is going to be hell.

ttrader.com

ttrader.com

Get ready for the dark side, nearly everywhere, its coming.

I am fully prepared and have been waiting for this. It is going to be very fulfilling.

Can't anyone see all this coming? The Fed is going to put the pedal to the metal and trouble imo is likely brewing in China. Global Recession?
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