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Playing the Ponzi
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Why “Playing the Ponzi”? I view the entire monetary and financial system as something of a Ponzi scheme. Starting with currency that is created as debt, and running straight through a global economic model that is based on infinite growth in a finite world. This won’t end well. I’d go a... More
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Playing the Ponzi
  • AAPL Faces Short-Term Resistance 0 comments
    May 24, 2012 10:12 AM | about stocks: AAPL

    AAPL is testing the trendline that extends downward from its recent top. It's a small test, but one that gives an early clue as whether AAPL's recent bounce is likely to have legs.

    The success/failure of this market leader may also have implications for the broader market.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: AAPL
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  • Momo's keep breaking down. Shorted LKND this morning. Add it to CMG and AAPL as momo market leaders continue showing weakness.
    Apr 23, 2012
  • Shorting CMG here at $423. Now short both CMG and AAPL - playing with "momo" fire.
    Apr 20, 2012
  • Funny/bizarre that with S&P up .4%, TZA (3x small cap bear) is green and TNA (3x small cap bull) is red.
    Dec 23, 2011
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