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.

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.

Japanese Finally Admit Radiation Leak Is Serious Enough to Kill People

EUR/USD

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

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.

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.

MCP Symmetrical Triangle

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

MCP Unable to Break 61.8% Retracement

Looks like MCP could move down to $43. On sidelines for now; waiting for buy signal.

Computer Problems

My computer crashed last Thursday, sorry for not keeping up with posts, email or phone calls. The problem has been resolved and I'm now I'm up and running. G'luck trading.

Quantitative Easing Explained

This is important to understand, when QE2 ends in a few months The Fed will either announce a new purchasing program (which is what I think will happen) or they'll be responsible (which hasn't happened in over 30 years). Either way, depending on the outcome a short or long position in US Treasury ETF's should be a profitable medium term trade. We have a few months to go before Ben announces his plans (He doesn't like to surprise the markets). When this happens, it will be time to front run the Fed.

More to come on this trade as it develops. Anyone interested in participating should understand the basics of bonds. For example, the inverse correlation between bond prices and yields. No need to dive deep into this subject, just a simple understanding will do.

U.S Senator Works Ben Bernanke

MolyCorp

Buy signal still remains at $51. More downside potential in the short term.

MolyCorp

Molycorp has been on the market for less than a year but since a 55 day moving average was established it has provided support for this stock (yellow line). Using the 55 day moving average and Fib Retracement as an indication of future price movement, if MCP is able to clear the 61.8% retracement and close at above it I believe it will move to $55 and possibly test all time highs. Ideally, I'd like to see it close at $51.00. Furthermore, if MCP closes at this level it will also have a bullish engulfing pattern in addition to a Candlestick "hammer," a key reversal pattern (occurred on 2/23).