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Silver Wheaton Corp. Message Board

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  • yourdeadmeat69 yourdeadmeat69 Dec 24, 2012 10:54 AM Flag

    The Mother of All Market Sell Offs?

    Fairly quiet down day today, as folks marshal the strength to put up with relatives but for the grace of happenstance, we'd never associate with. Takes a lot out of you and yours, especially the long trip, so the market is left to a few stalwarts. I am watching selected junk bond funds, and they rise every so slightly in 100 lot shares, to be hammered by a large at the market sell off in the 10-11000 share arena. There IS profit taking this side of the fiscal cliff.

    Unless you're abandoning interest bearing instruments, bonds, etfs and trying your hand at equities or just hoarding cash, it is still quiet XMAS eve. I expect a lunchtime selloff at the end of the trail--there isn't bargain hunting in earnest until Wednesday and Thursday, the, in my mumblin opinion, it's whoa nelly. I am awash in dry powder.

    Awash/dry, now there's an image..........................

27.03-0.62(-2.24%)Sep 30 4:02 PMEDT