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Sidney

06/26/11 1:07 AM

#79361 RE: simplegreen #79360

Wowza! And Amen about the gov't, I feel exactly the same way!
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gitonwithit

06/26/11 3:49 AM

#79362 RE: simplegreen #79360

I'm with you SG. Think we see more down on equities, a lot more down. On the verge of a full-fledged breakout on the DX. Thought we might pull back again on that DX trendline right about S&P 1250 for another small equity push north but it's looking to me like it's not going to happen. I actually copied that upper red trendline and then moved it to the lower DX supports there and it matches up almost exactly. Might get some bounce here on equities but I'm not thinking very much. Good time to go in some on a short 3X ETF and then you can feel good about adding to it if markets rally a bit knowing what is coming.

Will say that I'll miss silver trading, it's reminded me how very easy it is to get your butt kicked on occasion and really made me fine tune my trading and chart skills. After getting used to it, the normal pairs even the beast are almost boring.