Big Wet’s Stock Talk 8-25-09

by admin on January 24, 2012

8-25-09 market analysis and chart analysis

{ 9 comments… read them below or add one }

SGDeGalvez January 24, 2012 at 11:04 am

84 bank failures this year, FDIC is near bankrupt, and FAS is at an all time high?? These crooks are going to support the banks that FAZ tracks to keep the price low. Another GS fraud stock.

RVAspeculator January 24, 2012 at 11:34 am

I guess JAS has the cure for cancer now or something. I cannot believe that stock hit $29 bucks, it was $24 just 2 days ago.

Who knew selling crafts in a depression was so profitable. This market is insane.

SGDeGalvez January 24, 2012 at 12:00 pm

big fat short in JAS? That stock jumped 10 percent yesterday.  THier computers will break the shorts before we take this thing down to 3500. its incredible isnt it.

uckfayu January 24, 2012 at 12:46 pm

Hey Big Wet,

Lets see what happens when the fraudulent GDP numbers are released and beat expectations. I believe that if that doesn’t cause a rally people will panic and it will pullback hard. So I see either a 1/2% rally or a 2% pullback. I don’t think we’ll know which it will be until about 11am pacific time. Sure hope its the pullback. Good luck to us all!!

hansungpil January 24, 2012 at 1:03 pm

And you’re right. Dry shippers used to be the first movers when things start to pick up. That’s why I can’t give up thinking the market pullback sooner or later.

hansungpil January 24, 2012 at 1:40 pm

Everyone calls top, but Dow keeps going up. I was about to short, but decided to continue trading everyday. However, I’m losing my belief that market may actually pull back big. Maybe it goes up sharply and it dropped.

attitude928 January 24, 2012 at 1:46 pm

About six more trading days, then down.

bullreporter January 24, 2012 at 1:47 pm

BW72- Interesting how the market rebounds and the dry shippers who used to be flying are hardly moving. If things were really recovering they would be a lot higher, don’t ya think?

Went long TZA today 13.80 , looking for pullback to continue for a spell.

Great videos enjoy them!
Take care

hktraveller January 24, 2012 at 2:40 pm

Hi, appreciate your video blog . Could you also talk about the gold price action ? Thanks

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