Short term gold appears to be overdone by the bearish wedge pattern. Technically it’s been acting like a dream with the way the RSI continues to set higher highs and lower lows but I just can’t see initiating new positions at...
Read MoreImage via Wikipedia I knew there was something wrong with real estate valuations in BC, but I didn’t expect it to be this bad. I would expect Vancouver to be on this list, but never would I have expected Abbotsford and Kelowna...
Read MoreA friend of mine sent me this video and thought I should share it. After watching it I tend to agree with what she says about companies that are relying on taxpayers bailouts to survive. If they can’t function without government...
Read MoreToday’s volume was 80/20% in favor of the downside and yesterday’s ratio was 84/16%, again to the downside. Two days of what I would consider fairly aggressive distribution days and we don’t really see much fear, which would...
Read Moreclipped from www.financialsense.com As badly as it’s behaved at times, the Fed hasn’t done anything remotely like this in all its checkered 95-year history.
Read More3 more banks failed today. One step closer to bank nationalization…. clipped from www.financialsense.com
Read MoreToday was a good day. Not because I made money, but because I was in the zone. I was able to ride a trend that I recognized developing for the past few days and the market actually followed through for once. It was a good day...
Read Moreand good riddance. For your viewing pleasure, I bring you the former leader of the free world… (shaking head)
Read MoreThe other day I expressed concern over how many call options were being bought when compared to put options. We were at traditionally bearish levels when you compare this indicator’s past. When the market’srally like they did on...
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