Wednesday, June 6, 2012

Since We Don't Have a President

9 comments :

  1. Reagan understood.

    The Resident could give a care.

    ReplyDelete
    Replies
    1. Opus, his/their hate for America is obvious.

      Delete
  2. 0bama is a disgrace in every way possible.

    ReplyDelete
    Replies
    1. Admiral, Truly, disgusting just doesn't do it. Muslim activist, racist, anti-American, never worked or studied a day in his life imbecile. That's being kind.

      Delete
  3. Kid:

    I noticed that gold took a $46 per ounce hit today, I'm guessing that this is just a momentary hiccup in the meteoric rise you are predicting for the shiny stuff.

    Not that I am going to do anything at all with my DZZ, regardless of the highs and lows month to month (or day to day)...

    ReplyDelete
    Replies
    1. Fredd, LOL! Yea, Never Fails ! :)

      It's going up though man, the world is fallin apart, and a change in leadership ain't gonna fix it.

      Delete
    2. Fredd, PS. It just came back to 'test the 50 day average' and kiss the uptrend line. ;)

      Delete
    3. Nobody has a crystal ball. Romney may just be the next coming of Reagan. He's got it in him, and has way better grasp of economics and business than Reagan ever did. Reagan was a big picture guy, and so is Romney. Romney can also wade into the muck of the details, unlike Reagan.

      And once he starts to kick some liberal butt, watch gold tumble.

      FYI, Kid: the world has always been falling apart. Just ask Napolean. Or Alexander the Great. Or my dad.

      Delete
    4. Fredd, yea, anyone who says he knows what the market is going to do should not be listened to. We'll see my friend. Gold Miners did bounce on the test of the 50 day and the trendline support today. GLD (which correlates inverse to DZZ) has actually fallen below the 3 year long trendline, so you got that going for ya short term anyway. GLD could move to 160 and still not be "healthy" bullsh. GDX on the other hand is the senior miners ETF and the gold miners are well below the level they should be relative to the spot price of gold, so the thinking is Gold is going to fall or the Miners are going to move up.

      Long way of saying "anyone's guess". Well, I trade it. I don't have the patience for long term bets.

      Delete