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mercouger99
mercouger99
P&P Score: 0.66   Points: -251.23   Accuracy: 47.96%   Average Pick Score: -0.93   Annual Return: -4.56% (-10.06% since 3/12/10)  

mercouger99's Blog : okay people...time to sit on the sidelines.

Date July 16, 2011    Comments Comments (4)    Rate this post Recommend This Post (59)   
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i've changed ( sold ) some of my stock, took the money and ran like hell.


i dumped HK, GMCR, V....etc, the stock prices were too high,plus HK is getting bought out. i may get back in after the pull backs, i'm waiting to see what the U.S.Government will be doing come August 2nd, debt ceiling limit and bury the taxpayer deeper into debt or ???


good-luck folks., comments or recommends always welcomed....7-16 - 2011.

Tags : VIX   VXX  

4 Comment(s):

Author MightyMo     Date July 17, 2011 00:23 Abuse this post Report Abuse
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smart thinking
Author JoeJustJoe     Date July 17, 2011 13:42 Abuse this post Report Abuse
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It's actually a tad Les clear since we bees gettin "mixed" signals from the sexy VIXens as well as the SPX. One o'the sexy VIXens, VXX...(which tracks the short term volimatility in da VIX) rallied after a sell signal on Fri anna thaaas a "clear" negative. It "looks like" they are makin er pay now based on the late day dump. On the nudder hand, the SPX signaled buy on Fri anna has bin rallyin...thas "clearly" a negative. My "guess" is that the indimacies open higher on Mon but the rally fades quickly...leading to lower lows than we saw last week befo the week is thru. AAPL "might" be a catlist to git the SPX to the 1225-1200 targut I felt "might be" reached during the last swoon. The lemmings should all be in AAPL now (anna "that other game participant" is spewin n WOOHOOin so we can't ignore an indimicator that has proven to be 100% accrut in the past)...ann AAPL cud eeeasily be a market mover (mower). Nice! :-) 3J
Author InvestmentMAGE     Date July 18, 2011 11:40 Abuse this post Report Abuse
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Great Call!

Recommend you take a look at intrade (link below) concerning the debt ceiling and congress.

Currently they are suggesting there is a 50/50 chance that congress will act before 31 July, and a 80% chance they will act before 31 Aug.

If you haven't trimmed your portfolio by now, do it today!

MAGE
http://intrade.com/v4/markets/?eventClassId=23
Author InvestmentMAGE     Date July 18, 2011 16:40 Abuse this post Report Abuse
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http://www.peopleandpicks.com/blog/InvestmentMAGE/3621063/The-Debt-Ceiling-Game-theory-and-Brinkmanship-aka-%E2%80%9CChicken%E2%80%9D/
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