Monday, August 8, 2011

Market Notes

22nd Sept. - TLT TEVA MHS ILMN ESRX HON GS LLL PAL SWHC DRYS REMX EWZ PBR ANR GFA DANG

20TH Sept - new highs -- amzn aapl COSt KMB ORLY DLTR BBBY PNRA GMCR PCLN ATHN FAST WFM bmy KO DUK ITC TJX SO V MA

Keep an eye on VXX, VIXY VIIX TLT, IEF & GLD - Would you believe that TLT is seeing bid up on a downgrade of USA to AA+ ... Go figure!!!! At some point the panic will subside and sanity will prevail... watch for TLT to break down at that point... Also, if GLD is a safe heaven due to perceived currency crisis - why isn't SLV rising? Why isn't GDX and GDXJ just stay put... even /CL is getting sold insanely... In theory, lower oil should reduce the operating costs for these gold miners...combine this will higher gold prices... GDX should rise to heaven!!!!!


$VIX has not made a white candle yet...

Watch FXF cree cstr

All high fliers are getting hammered- DECK CMG AMZN GOOG ANF CF MA CRM PCP NTAP TDC PCLN NFLX APKT ARUN ALTR CAVM === money is definitely leaving tech stocks..

Short - MMYT OPEN P LNKD