Dow 10992.13 -303.68 -2.69%
Nasdaq 2467.99 -61.15 -2.42%
S&P500 1154.23 -31.67 -2.67%

The bears win this week!

Got to be real cautious next week.. the band is getting tight here and swing trade needs to be fast
to take profit before it makes its move. After closing out some of my short positions, I'm 2/3 long, 1/3 short now.

Obama payroll tax plan  kinda checkmate the GOP.

Giving more incentives to the poor. And Fed Ben QE 3.

Time for long , right ?

That plan is more or less the same thing like the 1st stimulus (800bln) that was poured into the economy. More than half of them are entitlements programs which didn't go anywhere. So, this is half of the 1st.. IMO, and yet, didn't really address specific how it will help spur job growth because there's that entitlement for unemployment benefits again.

This is going to be tough sell for the Republican house unless he can show he can do it without increasing the deficit.

I like see it dives a little lower before I go 100% long.. that's why I'm hedging with some shorts now.

I think I'm going to buy some GLDs... nice pull back.

Awesome man!! Nothing wrong with taking profits.
Now, I expect this week to be bear week again. We've reached 1220 and pivot during mid day trading.

Dow 11408.66 +7.65 +0.07%
Nasdaq 2590.24 -22.59 -0.86%
S&P500 1202.09 -2.00 -0.17%

Need confirmation with a close below 1200 in the next session.

Apple being considered into Dow 30?
http://www.cnbc.com/id/44597744
Dow is a price weight index, if Apple, a 400 price stock being included, then Dow is heavily influenced by Apple share already.
 

ok, checked with jim rogers 

"5% correction in gold is meaningless. These things correct 10-15-20-30% every year. Nothing unusual about that. That is the way the markets work. "I have not sold any commodity. I own all my commodities. We are in a flexible bull market. We are far-far-far from a bubble so far."
http://www.businessinsider.com/jim-rogers-...olidates-2011-5

but zamans98, u did buy same time the jim rogers and around the same price  if yes, then should have cushion to ride on

Dollar's Days Numbered; Buy Commodities: Jim Rogers | 14 Nov 2008 | 09:52 AM ET.The greenback faces serious devaluation as spiraling national debt and a worsening economic crisis undermine it, he said. He also speculated that a commodities bull run could last until 2020.
http://www.cnbc.com/id/27717135/Dollar_s_D...ties_Jim_Rogers

Phew*

i sold at $213 and still watchin......this silver waterfall is no joke....

still bearish......at least i can buy at 50% price now.................

or 25% after split   

The bulls gathered more friends, making back all the lost friends that has commited suicide since Monday evening.

Dow 11123.33 +183.38 +1.68%
Nasdaq 2506.82 +46.31 +1.88%
S&P500 1164.97 +20.94 +1.83%

So, I'll continue to stay long.. got plenty of leg room and buffer to 50MA line.