SI
SI
discoversearch

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 : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Seismo who wrote (39717)11/2/2012 11:59:38 AM
From: GROUND ZERO™  Read Replies (2) | Respond to of 218766
 
Both, I've been short silver and gold from much earlier this morning, before the 8:30 am report was announced, but I just went short the SP a little while ago... I'll probably have to cover later today, but right now this market looks susceptible to a more serious slide...

GZ



To: Seismo who wrote (39717)11/2/2012 12:02:05 PM
From: GROUND ZERO™  Respond to of 218766
 
It's really amazing how quickly my entire portfolio has changed overnight... now, I'm short stocks, long bonds, long the dollar, short gold and silver... everything is reversed from just yesterday... so much for those long term buy and hold strategies... it doesn't really work for me...

GZ



To: Seismo who wrote (39717)11/2/2012 12:09:40 PM
From: GROUND ZERO™  Respond to of 218766
 
I'm also short the RUT... and if the SP closes today below 1420ish or 1419ish, I think next week could be another nightmare for the longs... this market can't hold a day to day follow through to the upside, this is not impressive... my model is long, so who knows... it could rally again on Monday...

GZ