Stocks trending room

>>>GOLD is still in high demand (Not the paper asset). In 3rd QTR of 2008 demand for gold has risen 56% and 120% increase for the year. Supply will not match demand as 2010 will begin the masses rush for gold...

>>>China now the worlds largest customer of gold


>>>Equities and paper assets in general will continue volatility and instability through 2009-2010

>>> treasuries and bond markets will roll over and collapse in 12-24 months

>>> housing starts off 68% and we need to fix this ASAP.

>>>About every currency is in the process of deprecating as it is a reflection of the Country.


ACTION:

Stay out of paper investments
Buy Physical gold if you can find it
Pay down personal debt
Consume less and save more cash
CASH will remain king in 2009

2 positions (NEM BMY) stopped out. Current port is -$16.74 thus far.

I might have adjusted ATR stops to soon. Red lines is where stop line was at. So this trade was a (-) trade and is closed.

Port update:

2 positions stopped @ 1R

This is my A list of top performing stocks in the S&P500. The list shows ticker and annual percent gain or loss.

Saturday, March 1, 2008

CAUTION FOLKS


I believe we have not seen the financial storm yet. We are in the beginning. I think we will melt down and so it is my belief that liquidating U.S. 401’s, mutual funds, stocks, and bonds is prudent. Despite what the masses will tell you this Country is broke. Now you all can call me a nut or whatever. I know we need a correction right? Well what is different this time around? Oh our higher ups in gov. are doing things in reverse. What happens when we lower rates? What good does this really do? I’m telling you this short term thinking has got us in a real pickle and guess what? The pickle jar is about to break. In every bear market thousands have lost everything. Yes buy buy buy… Well many thought C was a buy at 47, then 40,35,30,25,..While your looking at C punch in ticker CC and look at that little jewel. What a good deal. In fact most cash is lost in a bear market by the bargain hunters trying to get a deal... C is in huge trouble as relying on foreign investors to help try to bail them out. Point being don’t you fall pry to the media and the experts telling you everything is all right. India and China’s demand for natural resources will continue into the future and so Energy will continue up. The metals will continue higher and the U.S. dollar will continue lower. Well I said it and put it out here for all to see how much of a fool I might be and should the market rebound and burst into new highs and hold I will then be proven wrong!!

Posted by Bunton

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"This year, taxpayers will receive an Economic Stimulus Payment. This is a very exciting new program that I will explain using the Q and A format:

Q. What is an Economic Stimulus Payment?
A. It is money that the federal government will send to taxpayers.

Q. Where will the government get this money?
A. From taxpayers.

Q. So the government is giving me back my own money?
A. Only a smidgen.

Q. What is the purpose of this payment?
A. The plan is that you will use the money to purchase a high-definition TV set, thus stimulating the economy.

Q. But isn't that stimulating the economy of China ?
A. Shut up.

Below is some helpful advice on how to best help the US economy by spending your stimulus check wisely:

If you spend that money at Wal-Mart, all the money will go to China. If you spend it on gasoline it will go to the Arabs.
If you purchase a computer it will go to India.
If you purchase fruit and vegetables it will go to Mexico,
Honduras, and Guatemala (unless you buy organic).
If you buy a car it will go to Japan.
If you purchase useless crap it will go to Taiwan.

And none of it will help the American economy.

We need to keep that money here in America. You can keep the money in America by spending it at yard sales, going to a baseball game, or spend it on prostitutes, beer and wine (domestic ONLY), or tattoos, since those are the only businesses still in the US.

Med stocks might not be a bad play. According to my scans these top 10 have been performing decent... Do not buy any unless you do your own Due Diligence.

Notice the divergence in gold v.s. the sp-500. Gold is still strong... It appears as if people are starting to figure gold out. It was worth the wait on GLD since spring. It has helped offset some dumb trades I've made dead into the chop zone.

This folks is a yearly chart of the S&P500. Don't let anybody kid you into thinking things are looking up. I choose this chart perspective as I believe it shows how the entire house of cards could collapse.




Here is a daily chart of gold. Notice the arrow...

Here is the BIX or S&p500's banking index. Uncharted terrotory here folks. I think this yearly chart speaks for itself.

Top 10 update:

Need to go here

Updated list

I'll just be posting here for now on. http://bunton-stocktradingthoughts.blogspot.com/

Current screen increases to 19...

Oil alert http://www.chartwatchers.com/profile...BlogPost:17550

Not sure where I posted this but if you think the United States will not lose it's reserve currency status you better think again.

NEW YORK, March 27 (Reuters) - Proposals for creating a new global reserve currency to replace the U.S. dollar are gathering momentum but need further examination, Germany's development minister said on Friday

http://http://www.reuters.com/articl...54209520090327

Man it gets crazier by the day... US is****ed right now and if you wish to make sense just think in terms of reverse. So just think 180 degrees opposite from what you hear. This is the secret filter from the shit that has been mixed in your cool aide.

Running over my screens I see the following groups have been adding in numbers.
Computer Hardware has AAPL and IBM. I like AAPL long
Tech stocks have been showing strength in Computer Software & Services. Here is where I like CSC long off the daily pullback trigger off HOD.. Stop 34.94 @ 1% position size.
Drugs have been showing power this year in fact. I like BIIB, and MYL here for now.
Retail has been strong with BIG FDO HD WMT BBBY and others. Not sure why so many hitting the screen, but maybe people are spending their tax returns.
Telecommunications came out of nowhere with QCOM daily chart showing a first pull back out of a base.

Thus far I like the broad based attempt at this rally.