Futures down big Could be buy the gap down open on monday.
Have seen several articles outlining how when the Fed pumped more than 5 billion a day into the market, the market went up on average .2%. When they pumped just a couple billion, it went up .05% And it went down on days they did not pump at all.
They are going to pump over 5 almost every day for the next couple years, or longer.
Betting short is becoming a hazardous occupation. I will cover my large short in spy in the first half hour of trading monday. May put on a small long position in some of my favorite stocks. Last time I did that, not one got filled, as the price did not fall enough, and had I just bought at the market on the open, would have made a ton of money by fridays close.
Every time I sell SLV, i end up buying it back at higher prices, and every time, it does go down for a week below what I sold it at, but I dont buy it!
About 30% of my market gains in the last year were trading gold and silver stocks.
