Rick’s trading strategy is hitting his targets today
Rick and his subscribers have been trading oil, the e-mini S&Ps, and the Canadian Dollar. He is playing the bounces from the lows we have seen today.
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resting………he had a late night…………..
He is in ICU. He has overdosed on bearishness.
he over davosed…………..
Just joking MARK,,,,,,,,we love ya man………
Dang, Dow down over 520. That’s gonna leave a mark…so to speak.
Mark my words, these markets and this economy will get much worse before they get better. I do not think we will see a healthy economy with real significant sustained growth in our lifetimes.
Well, its been dropping for awhile now, I hope somebody is making some coin on the short side.
If this is the “biggest market disaster” in the history of markets I would think there would be some real money to make.
Im still amazed there is little to no conversation about shorting.
As I recall the conventional markets in 2008 were already in a bear market before they collapsed in the Fall of that year.
I’ll take the $14…….up on gold…….gold is actually looking good. Over night , the market for gold is strong………………….jmho
against the Canadian dollar …..try….$25……
oops gold up $19.90
loonie Canadian……………up $31….
Interest rates remained unchanged too, gold in Canadian doesnt look too bad the last while.
I would think miners anywhere other than the U.S. should be doing ok, guess people are just not interested.
I think I told ya so a couple of days ago………………..on the loonie….vs. gold.
Hasnt gold lost less purchasing power than paper dollars since about 1913?
or since about forever maybe. lol
But yep, we did get a jump, I was sorta expecting it too, which is why I moved to 10% from 5% at about 1400.
Never sure what the right % of a portfolio is best, gold could still come down to Ricks 817. Docs doldrums are still in play.
At some point % becomes meaningless I think, once a person owns enough he can sell enough monthly to cover expenses to the day he dies. Why keep buying?
Maybe increase expenses? lol
Miners in the US , should do ok, if they ship the gold out of the US , and forget the COMEX……..lol
Shipping rates are so cheap………the Chinese will take all the dust the US miners have….after all, a couple of years ago, they were taking all the silver trash with the plastic trash back to China. There is still a lot of cheap labor everywhere in the world.
IT is now cheaper to rent a dry barge ship than a Ferrari ………zerohedge….just post, after my remarks……..
dry bulk tanker………should read…….
Dow Trans:
Even a 25% bounce would change nothing about the bearish outlook.
Dow down over 450. Where’s Mark?