NEW WEBSITE LINK

Please visit the New Website at www.thebullzandbearz.com!!!!!

Please visit the New Website at www.thebullzandbearz.com!!!!!

Please visit the New Website at www.thebullzandbearz.com!!!!!

Please visit the New Website at www.thebullzandbearz.com!!!!!

Please visit the New Website at www.thebullzandbearz.com!!!!!

Please visit the New Website at www.thebullzandbearz.com!!!!!

Please visit the New Website at www.thebullzandbearz.com!!!!!

Please visit the New Website at www.thebullzandbearz.com!!!!!

Please visit the New Website at www.thebullzandbearz.com!!!!!

Please visit the New Website at www.thebullzandbearz.com!!!!!

Please visit the New Website at www.thebullzandbearz.com!!!!!

Please visit the New Website at www.thebullzandbearz.com!!!!!

Please visit the New Website at www.thebullzandbearz.com!!!!!

Please visit the New Website at www.thebullzandbearz.com!!!!!

The Big Drop And The Big Picture

HERE IS THE LINK FOR THE NEW FEED

Here is the new feed link were you can quickly sign up. The old feed will expire in 30 days. Thanks.

http://feeds2.feedburner.com/thebullzandbearz/feeds

We packed up and changed addresses

As you may or may not have seen since you are still on this site, we have changed websites to http://www.thebullzandbearz.com (no blogspot address forwarding anymore). I will continue to leave this site up and running for now to help with a smooth transition. Feel free to head on over to the new site and take a look around! There are tons more resources for you there!

WE ARE MOVING!!!!

PLEASE BE ADVISED, TONIGHT I WILL BE UPLOADING THE NEW WEBSITE. THE ADDRESS WILL REMAIN THE SAME http://www.thebullzandbearz.com/ BUT IT WILL NOT BE FORWARDED TO THIS BLOGSPOT ADDRESS ANYMORE.

PLEASE UNDERSTAND THAT THE SITE MY NOT SHOW UP FOR A COUPLE OF HOURS BUT WILL BE BACK UP TOMORROW!

THANK YOU FOR YOUR PATIENCE AND UNDERSTANDING!

Global Economy...Tick, Tick, Tick

More news this morning from the UK that their recession is going to be deeper than expected. Big surprise right everyone? Still, the King is signaling more rate cuts and more injected cash to try and hold the system up in place. The GBP/USD is off more than 500 pips since its recent highs and looking to head lower. As for the US pre-market futures, they are still swinging between gains and losses. We might see a slight rally today given how over-sold we are from yesterday. But we will not get anywhere near where we opened yesterday. As we continue to move down, I'll be moving down stops on my shorts and taking profits on my longs. If you feel like your in the twilight zone hearing this its true. I'm using the same strategy just reversing my positions and making money all the market swings. S&P intra-day support and resistance targets below.

DOW Falls Nearly 5%, Who's Feeling Another Big Drop Coming?

Wow, I'm glad that I closed out some of my long positions at the open this morning. Saved me just about 8% today in protected profits. Since we were hedge for both directions, some of our short did amazingly well as you would expect with such a huge sell off. I have been looking at some of the longer term charts to get an idea of where we are heading and will have some thoughts on that tonight in the trading video. Please check back later for the video. We have a lot to talk about out there...

Market Swings To Neutral Close And Waits For Stimulus Bill

GM & Crisisler On The Brink Of Forced Bankruptcy

Good Morning! As you probably already saw in the news, the debt heavy auto makers might possibly be forced into bankruptcy soon to protect the US loan interests. Of course I won't get into politics here, but start keeping newspapers as we are witnessing the collapse of free market capitalism right in front of our eyes. It hasn't completely fallen apart yet, but we are getting very close! As for the markets, they seem to be taking the news with about a 1% decline in the futures. It's my hope that this week doesn't wipe out all my long profits, but I still hold a bunch of great looking shorts that will do just fine with a sell off. As a note, please watch the trading video from last night, as it has some great educational information. S&P support and resistance targets below.