The Swamp Message Board - Msg: 24785456

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Swamp

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zincman who wrote (191)	7/23/2008 5:20:39 PM
From: SwampDogg	Read Replies (1) of 491

Sold all my PMs today and went clown long the financials. IMO everything has changed in the past few days. The housing market has been fixed and the bailout of the the banks will result in a return to the prosperity of the 1990s. lol Without a doubt the goofiest day in years. PMs are definitely the flip side of the banks and the banks look like they may have another few hours in them if that. May have a total collapse into the end of the week in PaulsonWorld. Massive volume on the $SPX today with no movement implies ditribution. FWIW gold right at support out of the April low. Key PM stocks like GG and ABX right there are well. SSRI strong on volume may be a little hint there. Long and strong and added today but any break of $900ish and there is going to be some heat. It is going to get wild. Can they crack the gold/oil market or is it going to bite them? May want to tag 40-WMA in the morning and then it may be hammer time stockcharts.com Where is this bad boy going to go? Even if that is a major low this is going to pullback hard IMO. stockcharts.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next