tough call, but I'll take red.

am heavily long inverse ETFs right now...

Stress Test results.

Did they change the release time?

It's still being reported as 5 pm ET on CNBC:

http://www.cnbc.com/id/30620833

GTU - scalped yesterday's purchases at open this a.m., and
now replaced a few of them ~ 36.60.

IMO this is a gift, and may provide protection during the
next swoon in overall markets.

GTU - today is an opportunity to load up at less of a premium to NAV, per following
announcement. This is a routine, periodic and fairly regular action, so it provides a nice opportunity for
those interested in owning a gold hedge.

I fully intend to reinitiate my core position today!

"CENTRAL GOLDTRUST ANNOUNCES PROPOSED OFFERING
TORONTO, Ontario (May 5, 2009/CNW/) - Central GoldTrust of Ancaster, Ontario announced today
that it plans to offer Units of Central GoldTrust to the public in Canada (except Québec) and the United
States under its existing U.S.$250,000,000 base shelf prospectus dated December 19, 2008 and filed with
the securities commissions in each of the provinces and territories of Canada, except Québec, and under
the multijurisdictional disclosure system in the United States pursuant to a proposed underwritten offering
by CIBC. Central GoldTrust will only proceed with the offering if it is non-dilutive to the net asset value
of the Units owned by the existing Unitholders of Central GoldTrust.
The remaining amount of approximately U.S.$212 million of the original U.S.$250 million provided for
in the base shelf prospectus is available for this offering."

gapper GM, tanker BAC

just throwing darts!

another bull trap, then a red close

Gapper = ETFC

expecting a DCB pretty soon, then maybe a short squeeze

Tanker LVS

just overdone IMO - profit taking will take over
once the short squeeze is done

Tanker = PEET

today is an experiment - I flip flopped my
gapper/tanker choices! LOL

Gapper = SMTL

Gapper = AVY

Tanker PCL

RTC, I try to remember the tactic of trading around a core,
but Mr Market is fickle about cooperating! lol

I'm aligned much as I understand you are, and think we'll
see a 10% to 15% drop from today's closing levels over the
next week or two. Then back up for a month or two before
the big crash by late summer.

I follow Dr McHugh's work these days, and that's how he
sees things at least.

GL to us both!
Paul

Here's a stretch: next week will be blood red!

At least I'm ready for that contingency. Almost
completely out of stocks except for GD, COL and
RTN, which are war plays.

Otherwise, I have a substantial piece of my
account in double inverse etf's.

GL to all!

Gapper = ACI

deserves a dead cat bounce IMO

Tanker = STRZ

Way overdone on upside today, thinnest volume

NOV - thx ICO. Wish I had held it overnight now instead of
settling for a 3.0% scalp!

Oh well, maybe I'll have another whack at it tomorrow! LOL

Today was pretty entertaining for me - 4 round trips among AXYS, NOV,
and SKS, plus scalps from yesterday's buys of SRS.

Before today's bell, I replenished some AXYS, SKF, and SRS to
hopefully flip tomorrow for a percent or three. :)

Paul

Gapper = NFLX

Tanker = BUCY

POT - any takers under 78? I'm thinking of
adding to my long!

NOV - plunge is overdone IMO. So I entered under
29 for a scalp or swing. Fundies look solid, altho
orders backlog declined MRQ. Want to hear their conf
call next.

AXYS - took profits in yesterday's buy and this morning's
adds, currently out but watching closely for reentry under
40 if possible. Listening to conference call right now, and
no negatives. Continuing to explore selling company if a
shareholder positive offer comes about.

Gapper = AXYS, Tanker = NE

Wishful thinking on AXYS probably, but I just reentered
in case I'm right.

Continuing to sell this rally and even add to several
of my inverse positions (SKF,QID,SRS so far).

Also scalped CEF and MFN in precious metals shares,
and hope to soon buy them back below today's lows.

re McHugh, I'm a fairly recent (and satisfied) subscriber.

Ah GE, know it well - still scalded from my liquidated longs.
I may buy it back someday, when it looks like the economy starts to turn (6-12 months from now?)

according to https://www.technicalindicatorindex.com/about-us.asp :

"Robert McHugh, Ph.D. is President and Chief Executive Officer of Main Line Investors, Inc., and the proprietor of the Technical Indicator Index TM. He was the Chief Financial Officer for two of the largest commercial banking corporations in America for two decades, and has a Doctoral Degree in Finance and a Masters Degree in Business Administration. Dr. McHugh has testified before the U.S. Congress on Federal Reserve matters, and is the author of over a dozen published articles on investment related topics. He has appeared on CBS radio and been quoted in The Wall Street Journal."

Here's a link to a sample issue:

https://www.technicalindicatorindex.com/sample-issue.asp

FWIW, McHugh's daily report is forecasting an
immediate decline in all the indexes by at least
5% over the next several days.

He offers free trial subscriptions for anyone who
is interested (Google: "technicalindicatorindex").

As for me, I have full positions in DXD, SDS, TWM, and
QID. I will add to them if the market goes green enough
during the day today to let me lower my average cost.

After a drop to about 7400 on the DJI, his work expects
a resumption of the spring rally to around 9000. Later
in the year, however, he's looking for a "cataclysmic"
decline.

Gapper = STX, Tanker = TEX

hunches only

great buys today on gold/silver related issues,
as well as SRS and SKF for us "nonbelievers"!

gapper MAT

CEF on sale today - added at 10.91 and 10.71.

AEM also looks good.

Took scalps in SRS and SKF, and sold a few longer term
dead money issues.

Gapper MTW, Tanker PFG

hunches only...

I joined you on SKF at avg price of $61.79.

I may settle for small scalps when opps present tho,
rather than waiting too long for a homer...

Pau

yawn - zzzzzzzzzzzzzz

tanker = AIG

I'm a "non-believer"

Gapper = PH

just wishful thinking

Gapper = AKS

Tanker = HIG

CEF - couldn't resist taking 4.6% profits from this
morning's buy. Still have a sizeable core position at
higher prices. Will buy back if given the chance around
$10.70 or so.

Also flipped FLR, FLS, USO and AXYS for smaller scalps.

Yes, I like this proposed rule change. Thanks!

CEF - I like it for a longer term investment, vs GLD which
I think is risky except as a s.t. trader. That's because
CEF has actual bullion, as verified by semiannual audits.
GLD doesn't offer audited results, and may rely much more
on just paper instruments (futures contracts etc).

You might also want to look at CEF's companion fund, GTU,
which is exclusively gold vs. a mix of gold and silver.
The only reason I don't like GTU for a buy right now is
its premium (about 25%).