General Stock Ideas

[bigworld]

gfp: GDXJ, GDX and SIL had a nice day today. Long overdue in my opinion. They need to regain some momentum here. The DOW is @ 100 points from the post Trump speech high, the S&P about 10 points short. If they both surpass that level we might see more upside even though it is certainly not warranted by fundamentals. At some point thought the manipulation will cease to work. Important levels will be breached to the downside, and the algorithms will be recalibrated to the downside. Instead of buying the dips the market will sell on the rips. A market unsupported by fundamentals sooner or later will find reality. I can wait for the the right point to take on my RUT^ puts.