Financial Vagabond

14 Jan, 2009

Twitter Updates for 2009-01-14

Posted by: gauntlett In: Random Musings

  • closed long $USO @ 31.79 #
  • looking for support on $USO around 31.50, looks like it may continue retracement — barely holding at ST trendline #
  • Early gains are falling off. A break of about 31.30 would be a concern for bulls on ST #
  • $USO consolidating… not convinced of a direction, but the trend is still up on the ST #
  • long $USO @ 31.39 — Scalp trade #
  • entering midday drift #
  • $TICK and $TRIN showing weakness (minimal) #
  • $USO trade correct. Resistance in the 31.80 area #
  • $USO congestion in the 31.5x range will it hold as support? #
  • Held $USO too long. inital break up was point to sell. #
  • $USO breakdown – flat #
  • $USO breakdown is inline with overall global recession. Also inline technically. Watch for knives. #
  • $SRS on my horizon #
  • sitting flat… #
  • market seems stuck. $SPX holding 860 level but can’t break 87.x #
  • well this was fun… this market is confused, oh maybe that’s me! #
  • Plan to take a good look at retailers, financials, and restaurants for potential shorts #
  • oh and anything related to commercial real estate (only concern is bailout money for the industry) #
  • The Great Hope — 2009 tagline! #

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  • kerz: haeh heh! excellent. too late though! and it is a canard to pretend the republicans are deeply concerned. the rot is bipartisan.
  • kerz: Like your comment. 2 sources of income: taxes and "quant easing" HA HA. so true.Imagine, a 3rd world country is liberalizing, while US having
  • kerz: haeh heh! excellent. too late though! and it is a canard to pretend the republicans are deeply concerned. the rot is bipartisan.

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The name is Trevor Gauntlett... I tend to like to question everything and don't like to take things at face value. There is always an alternative story to everything. My focus is the economy and finance with a desire for personal liberties and rights.

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