Tuesday, April 22, 2008

Cubed

Tomorrow is the big day, I can feel it. Otherwise i'm going long financials and short miners for the rest of my life ;)

7 comments:

Gcubed said...

I'm gonna liquidate and start an aluminum can recycling business. Shit I hate this market lately!!!!!

coinlieutenant said...

I'm with you guys...this is frustrating.

Ron said...

Here's Sinclair's take:

"Whatever Gold has to do on the downside is done by early May."

Gcubed said...

Sinclair doesn't exactly have a Sterling prediction record. I say gold is going up as well as he does. ;)

swattsup said...

gcubed:

I haven't followed Sinclair closely, mostly read him for his take about the general market condition and his rahrah for the gold bull.

I'd be interested to know where he's gone wrong as the predictions I know about haven't played out yet. If he has a reliability problem that's something I'll need to consider.

coinlieutenant said...

I think Sinclair has been very accurate from a macro point. He doesnt weigh in much from a technical standpoint, but when he does, he is average...

swattsup said...

Joe:

The dollar centered around .72 from the end of March for a few weeks. For the last week or so, it's been in a general down trend.

IF the TPTB let things alone for a bit, we'll be good to go.

But I don't need to tell you this :-) I hope your nose is right - it's generally pretty good at sniffing out the right trail.