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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 396.31-0.6%Dec 31 4:00 PM EST

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To: TobagoJack who wrote (73862)5/3/2011 1:35:38 PM
From: 2MAR$  Read Replies (2) of 218903
 
I am in cash but also selling short ;O) ... after they got their April earnings "rally" in & assured themselves 1/2 half their annual bonuses on the expected great reports out of the majors ...2011 trading bonuses are now 50% assured .

(with new margin requirements just instituted been alot of volitility in the commodities here )

As for equities , even the majors like XOM have sold off from the most obvious doubletop pivots , shorted MRO this am very heavily as have almost every other overbought double top with almost 95% success .

Have never seen a market where the past month every almost every doubletop was within pennies & sold off exactly from that pivot .

MRO at $54 collected $4000 today shorting
it down to the 50ma , these are just two examples
could post 40 more charts same top pivots within pennies .

Talk about easy money on the short side , have never seen such high percentage of pullback trades as this toppy market in ages . Perfectly overbought, pefectly easily identifiable pivots within pennies .!! ;o)



XOM $88.23 vs $88.13 ...how much eaier to identify than this ??



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