Thursday, January 20, 2011

Speaking of the GSR...

Looking at the GSR & SPX inverse each other, it has the appearance of a giant alligator jaw looking to clamp down on broad market participants.  But back to the here and now, the signal is stronger yet with the EMA 10 crossing over the EMA 20.  http://www.biiwii.blogspot.com

Edit (12:28) Covering SLV short, selling ZSL and holding SLV puts and looking to poss. replace with increased broad market shorts.