Sunday, January 23, 2011

Plays

I think I see some plays I might post- I have been watching carefully and I still holding my analysis that 1305 is an excellent risk reward play to hold shorts. Longer term I think we dive somewhere in 2012/3 as said months ago. It is from my analysis that they are setting up a phantom push in equities to sandbag folks again. The charts just don't lie.

Most Gold and Silver cycles point to a high in 2012 which matches the expected low for the US Dollar in late 2012, and is probably the reason why Gold has not gone parabolic yet like Oil and Natural Gas in their charts.

I think their will be lots of volatility to come as folks are getting complacent and this will cause volatile moves when issues arise.

We will see soon enough

AMZN- Short 1/2 position on Monday if new low is made after 10am.