earnings
SO everything marked in Red, think of a counter news headline, and that will probably be used to keep the market from falling–if GS doesn’t want the market to fall.
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Thoughts?
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BAC: $15 seems obvious.
IYR: not touching SRS until IYR gets to $39, so I guess I'm long URE.
C: everyone sold after the gov't took control yesterday. yesterday failed on the breakout. Get long in your IRAs before they push this up. Next attempt at breaking will work.
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My puts are all working, from yesterday--I just have to be very specific which companies I short, and sure enough they turn at the designated price.
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this means PM and energy will bust a move Monday. It takes DUG about 8 to 15 weeks to bottom. I could be early on the currency crises by about 8 weeks. If not next week then the top in the market comes October 1st. Buy DUG last week of September and get short then otherwise short next Wed.
market is making tenyear crazyzzy
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just use a 5% stop loss
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