Smoking Securities

Half Baked High Finance

Interesting Indexes

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Some markets are stronger than others. Here are 4 potential leaders.
The international markets are performing better than domestic ones.
The insurance sector has acted surprisingly resilient, Berkshire Hathaway anyone?
Spend your grandchild’s future now, just don’t take away my drugs.
Silver is looking sexy as it breaks above recent resistance. I’m buying the dip, and keeping a short leash.

I hope we get a big gap up tomorrow and then a nice fade all day long. Since it doesn’t matter what I think, I’ll be taking the day one tick at a time. The banks still look troubling to me, so I’m not touching those Ponzi fuckers. A bounce or two in the USD would be nice, but with so much money coming off the sidelines, there is no reason to think that the dips will be anything other than quick and shallow.
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Written by chucklesamadeus

December 17, 2008 at 12:45 am

Posted in ADR, KIX, RXS, SILVER

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