Saturday, June 07, 2008

DOW DOWN 400


The Line charts are bullish percents etc. All markets are rolling over, new lows, put/call ratios, vix suggest lower prices for general stocks.

GOLD and gold stocks performed very well while markets went haywire.

You can access these by searching for "$" in the stockcharts.com symbol catalog.


Friday was a great day for us, we are short financials and have a stash of QQQ puts.

Looking for a waterfall down as the Fed and pumpers took their last gasp?