Tuesday, February 22, 2011

Remember when?

Remember all those gains we made last week in the C,S, and I? Wait for it!! Remember all those gains we had two weeks ago in the C,S, and I? Today in one fell swoop, we gave back two weeks of gains in one day. That is just wrong on so many levels, but it is also part of the game. You had to figure with all the unrest this weekend in the Mid-East and Oil prices spiking that something was going to happen and it wasn’t going to be good.

Here is the kicker, all those companies that doing super since last September, over night all of a sudden became not so good!!!! Not really, it just the stock market doing what the stock market does when there is sudden news and if those companies are worth all that before, believe me, someone is going to think these prices are cheap and come back in with a bank roll. But, until that happens we have to read our charts and protect as much profit as possible if required. Tomorrow we should fire another negative red day, so Thursday is the day to watch for a bailout to G.

Do not cry about giving a little back when you rolled from September to now or mid-November to now, because you will still be ten times further ahead then the individual that ran the G-fund to now. Believe me, there is no comparison. I promise to show the numbers when this is all done. For now, I will stay in and wait for Thursday show. Below I will show the current numbers as of today’s closing. UGLY !!!

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