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Great job...I appreciate the daily analysis! :D

So 1 person is predicting a huge gain in the S&P...
I guess we latch onto what we want to hear eh?
I'm all in!!.....(not) ;)

Breaking below supporting trendline...
Downtrend on the MACD histogram...
Closing below important moving averages...
Possible re-test and support of November lows before confidence can be...

I resisted as well. I only have ONE IFT for entry into stocks this month. I need to make it count for what I feel is a bottom (or some semblance thereof) and do not have the luxury of averaging...

Maybe gold-plated ammo. :D

Oscar is still very bearish for the short-term as the top of wedge failed on Wednesday, plus he pointed out the ADX, RSI, SLOW STOCH. indicators looking very bearish.
And he has a RED omni for...

Good intincts...today wasn't the day to be in.
I'll probably make a foray into the markets before noon Thursday if it appears we'll have another red today like today.
Which may be likely as we have...

I LOVE watching this guy. NOBODY gets more fired up than him. He's so spot on about so many topics.

"Wanna Pay an Extra Dollar for Gas???????"
http://www.youtube.com/watch?v=r8CIblRiccc

Personally, I prefer taking posession of bullion, rather than an 'electronic' transaction. This way I can turn around and sell it on Ebay for a nice premium (usually). :cheesy:

Count me in! ;)

LOL...I have a T-shirt of Testudo that sais 'Fear the Turtle' :laugh:

Mileage-tracking is bound to affect the tourist industry (further hindering our economy) as people will be less inclined to head out for a long day/weekend trip with the tax-meter hanging over their...

LOL...very clever. Great animation.


Regarding the Short-Term, the S&P has been supported in the 850-857 area for 4 weeks straight now on the weekly chart :
...

The absolute best prices I've seen for pure silver bullion rounds and bars are at www.nwtmintbullion.com .

Shipping is also FREE for purchases of 50 oz. or more, I believe.

I've bought a bunch...

Over the next 1 to 2 years?
Might as well go back to the lily pad and turn off the lights. Would save me a lotta time not having to check progress every day. ;)
I'm tempted to go all G today too.

LOL....I'll need all them fingers!
You have the honor of receiving my first post for 2009.
You must be glowing with pride. :cheesy:

Looks nice! I'm gonna get it over with and make 100 posts on the 1st so I can get me one! :nuts:

Some EarthBoxes may be the answer. Got some for myself....so far, so good. ;)

All I wanna know is....when's the IPO ? :nuts:

Right you are, sir. Closed at 876 today.
I didn't catch the ride this week though.
Looks pretty close to a bullish engulfing candle for today.
But there's still the longer term trendline it needs...

Ha!
Well I never owned a gun til very recently.
Also been accumulating silver over the past 1.5 years...and I've been accumulating food/water the past 6 mos. or so.
Starting my own veggie garden...

Chart sais 'no'....gotta respect the charts, imo.
Needs to break and hold above longterm trendline from mid-September before a new short-term trend takes hold.
I'm waiting patiently (wringing...

EWX...
For your sake, I certainly hope you get your pop early next week.
But you would use up your 2 transactions for the month for this short-term in/out.

I'm thinking we may have a better...

You misspelled BREAKDOWN :cheesy:

I do like the positive divergence we see in MACD, though. Also, watching for break and hold over top trendline from mid-September before I re-enter.

Cool...
Personally, I don't see a positive confirmation in the charts that sais now is a time to enter. Could really end up either way, and in this environment, and with the false positives we've...