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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (73862)	5/2/2011 8:40:59 PM
From: carranza2	1 Recommendation Respond to of 218896

video.cnbc.com Faber at his best.

To: TobagoJack who wrote (73862)	5/3/2011 12:36:11 PM
From: 8bits	Read Replies (1) \| Respond to of 218896

it is time sell just about everything Even ...gasp.. gold...? ;-) FWIW I am about 75% cash.

To: TobagoJack who wrote (73862)	5/3/2011 1:35:38 PM
From: 2MAR$	Read Replies (2) \| Respond to of 218896

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 ??

To: TobagoJack who wrote (73862)	5/3/2011 2:36:10 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 218896

<time (to) sell just about everything> I second that motion. Finished selling my last long positions, now near 100% cash, small short positions. From this point forward, probably till July, I will be: 1. watching carefully 2. doing little, until events clarify 3. I think, if stocks go down, everything is going to go down, because 4. all assets and all risks seem connected, therefore 5. Chinese stocks will go down along with U.S. stocks 6. gold could go down, if lower economic growth estimates cause a lessening of inflation fears 7. oil could go down, via demand destruction 8. copper could go down, if Chinese economic growth slows sharply Even if the reasoning above is irrational, it could happen anyway. The wisest statement about the near future is: nobody knows.