[F1Venom]

What a turnaround.... I wish I hadn't sold my spy puts near the open.... Would've been holding some nice profits otherwise.

[MrPrena]

....... and negative now.

[mact3333]

So....did somebody say down on Sunday??........sold spy puts while up 95% and too early but still positioned short for now.

[F1Venom]

Looks like NEM is going down to retest the 50 DMA at $19.1. A hold above it should start up the rally again.

[mact3333]

interesting, dollar showing some signs of top...oil trying to make a bottom...out of oil short now, gotta lock some in there.

metals still look decent to me.

another interesting one is GPRO...trying to make a bottom too imho, at an area of support...took a nibble but with tight leash.

[mact3333]

Originally Posted by deeLow

Any other good silver securities to get into

SLV single long...AGQ double long(take time decay into factor here)

[NemesisX]

So is this the beginning of the long-awaited correction, or will the S&P500 spike back up to all time highs again?

[F1Venom]

Originally Posted by mact3333

interesting, dollar showing some signs of top...oil trying to make a bottom...out of oil short now, gotta lock some in there.

metals still look decent to me.

another interesting one is GPRO...trying to make a bottom too imho, at an area of support...took a nibble but with tight leash.

I'm quite unsure if /CL has set in a bottom... There's very strong volume, and bottoming prices but is it the true bottom? Who knows....
I keep hearing how oil is going to be pretty range bound and overall flat for a while, but that just makes me doubt those predictions and /CL could have an amazingly strong reversal.

[F1Venom]

Holy cow, BBRY spiked 30% on Samsung news.

[NickyC]

Originally Posted by NemesisX

So is this the beginning of the long-awaited correction, or will the S&P500 spike back up to all time highs again?

I have no clue, I've been waiting for a total collapse for years, but I think more and more now that we're going to have a decades long decline in this country. It's going to be slow and long, to the point where 30 years from now people will be looking at one another saying "What the hell happened to this country?". We're at the point now where the Fed and the Central Banks can't allow a collapse. They are too heavily invested in their money printing theories to go back now and they are enjoying the record wealth transfer from the 99% to them.

Those 99% of Americans are too stupid to understand what is going on and what has been taken from them the past 6-7 years. As long as they have their drugs, alcohol, cheap worthless shit made in China, and football on Sunday, the bankers, politicians, and Wall Street have carte blanche to rob them blind.

I will say however, the recent spending bill which passed containing the provision putting the American taxpayer on the hook for Wall Street's derivatives gambling is a bit concerning. Why now?

[F1Venom]

^ Yep. Americans are blind to everything that's going on. All they know is football and baseball. They're drugged down and that's why there isn't anything, not even a protest, anywhere.

[NickyC]

Originally Posted by F1Venom

^ Yep. Americans are blind to everything that's going on. All they know is football and baseball. They're drugged down and that's why there isn't anything, not even a protest, anywhere.

Indeed. It makes me beyond sick to see every weekend, multiple venues containing 60k+ people to cheer on a bunch of grown men chase a ball around a field, but we can't get a crowd 1/10 the size to protest about what the hell is going on. There is nothing worse than listening to a grown man in his 40s talking about some sports bullshit stat from 20 years ago, but his eyes glaze over when you start talking about how the Fed isn't a government organization and is almost completely controlled by former Goldman Sachs executives. They have absolutely no clue.

The banking cartel has absolutely nothing to worry about, the attitude of the sheeple just embolden them.

[NemesisX]

Where do I learn more about the Fed? I know next to nothing on the subject.

[NickyC]

Originally Posted by NemesisX

Where do I learn more about the Fed? I know next to nothing on the subject.

Hi there. My best advice would be to do searches on your own, do your own research, and come to your own conclusions. The best thing we all can do is to research and be informed. If we come up with the wrong answers, that's OK, just as long as we have some concept of what the hell is going on. As much as I've learned since 2007-2008, I learn more and more everyday and nothing really surprises me anymore. When that spending bill was passed a few weeks back that put taxpayers on the hook for derivatives gambling, I was not surprised. Seven years ago reading something like that would have absolutely blown my mind, or I would have thought it was a lie.

My first step would be to look at what the Fed is, find out how it's a private entity that preys upon the people of the United States. Research and learn why income tax and the Fed were BOTH created in 1913, there is no coincidence in their near simultaneous creation. Learn about how the Fed is not audited, learn who works for the Fed, etc. You will be absolutely shocked when you learn how many former banking executives take powerful positions in the Fed.

Finally, check out what Ron Paul has to say about the Fed. He's led a crusade against this miserable institution for decades. He's not right about a lot of things in my opinion, but in regards to the Fed he is dead on.

[deeLow]

All I know is the next person(President or other powers there are) to challenge The Fed will be assassinated. Again.

[F1Venom]

Very nice recovery on SLV and NEM today. Very nice indeed. But I suppose it's at the expense of the USD/CHF.

[NickyC]

Incredible news in regards to the Swiss and SNB this morning. I was shocked when I turned on my computer and read this news. I have no doubt bad things are afoot now, there's no way the Swiss would drop the 1.20 EURCHF floor with no warning unless something epic was about to happen. Prepare for Lehman/Bear part two.

Remember, currency wars come before shooting wars.

[deeLow]

How does anyone feel about ATOS?

I feel like once they clear some salami FDA business this could have nice potential.

I haven't seen green since I got in but I'm still not down too bad.

I wish I would have bought something else with my money though

[mact3333]

1. I did say down didn't I??....

2. look up Federal Reserve Bank of the area where your from....for me its San Francisco for west coast...its not in blue pages but in white/yellow pages...hmmmm....you should actually do this for fun...only takes 30 seconds.

[F1Venom]

Originally Posted by mact3333

1. I did say down didn't I??....

2. look up Federal Reserve Bank of the area where your from....for me its San Francisco for west coast...its not in blue pages but in white/yellow pages...hmmmm....you should actually do this for fun...only takes 30 seconds.

I'm in St. Louis so they're about a twenty minute drive from my house.
Anyone long nugt and NEM? NEM broke above key resistance a few minutes ago and I'll add to my longs tomorrow as long as it holds above.

[F1Venom]

I'm just hoping that SLV has an inverse head and shoulders pattern forming now. Because 16.5 is tough to crack
Daily:

[PSUSMU]

I strongly regret selling NUGT and holding BAC.