Stock Prices Could Move 'Faster Than the Speed of Light' [View article]
Agreed, Crazy, as delicious as Financial stocks were today, there were about 300 million LEH reasons traded Friday to leave a very bad taste in almost every traders mouth. Who didn't think LEH was worth more than Bear Stern's $10. Oh, that would be Paulson. NOW after that little lesson is a couple of days old, Banks are worth 10% more in the final hour of trading, OK , I'll back up my truck, right after Paulson. And why the Hell would anyone even buy gold when banks are so cheap ?
PS Don't forget to hit Sell after you hit Buy, or is it Buy after you hit Sell, I can't even remember what I hit at 3:59...I really need afterhours trading so I don't have so long to remember...
Investors, Traders Create 'Perfect Storm' for Currency ETFs [View article]
This is not investment advice but don't forget to watch the currency of your neighbors Canada (FXC) and Mexico, 300mph has a point, but to say 1.60 is possible like gold at $1000 or even $1100 certainly has to be a consideration with the weakness we are now seeing in the USD. I'm hoping any reversal should be slower and easy to see in currency than gold or gold stocks which may change direction alot faster. If you want faster, check the article on this site about the New (powershare like) commodity doubler ETFs coming out.
Stock Prices Could Move 'Faster Than the Speed of Light' [View article]
Who didn't think LEH was worth more than Bear Stern's $10. Oh, that would be Paulson. NOW after that little lesson is a couple of days old, Banks are worth 10% more in the final hour of trading, OK , I'll back up my truck, right after Paulson. And why the Hell would anyone even buy gold when banks are so cheap ?
PS Don't forget to hit Sell after you hit Buy, or is it Buy after you hit Sell, I can't even remember what I hit at 3:59...I really need afterhours trading so I don't have so long to remember...
Investors, Traders Create 'Perfect Storm' for Currency ETFs [View article]
300mph has a point, but to say 1.60 is possible like gold at $1000 or even $1100 certainly has to be a consideration with the weakness we are now seeing in the USD. I'm hoping any reversal should be slower and easy to see in currency than gold or gold stocks which may change direction alot faster. If you want faster, check the article on this site about the New (powershare like) commodity doubler ETFs coming out.