April 8, 2011

March 29, 2011

Latest Insider Selling To Buying Ratio at 18x's


If insiders are selling it and you're still holding it you might want to consider some type of hedge.

March 22, 2011

Adding to Silver

Silver is hitting new highs and regardless of how people spin this global "recovery" silver should benefit. If people believe we're in recovery than that will drive production demand which will benefit silver. If on the other hand political and global uncertainty continue silver should also benefit as it will be seen as a "safe haven."

My options put was assigned so I'm currently holding 100 shares in SLV.

March 18, 2011

EUR/USD

Took profits, too much potential for bank intervention and holding currency pairs over the weekend is to risky for me.

March 17, 2011

Buying Euros



Bullish candlestick, bounced off todays resistance pivot so now today's resistance has turned into support. Also, over 60% of retail speculators are Euro bearish and Dollar bullish and retail speculators are almost always wrong.

March 15, 2011

Japan Disaster Worse Than Financial Media Suggest

MCP Price Gap Down



After closing below the Symmetrical Triangle the stock opened with a gap down. Although it managed to close above it's open price, no clear entry point has been established.

I will post an update if a buy signal is established. For now, on sidelines with MCP.

March 14, 2011

MCP Symmetrical Triangle



A close below this support line may result in more downside. Support would then be at $40. No buy signal yet.