Icahn announces stake. A 45% rally in GDX would take it into $20s. That would be nice :)
Buy GDX, NEM, GG. 25% rally (at least).
Twitter trumps Facebook. Unique platform.
Strong buy. deeply oversold; today the technicals (RSI, MACD) gave strong buy on GDX.
Youtube & Twitter will be under the same umbrella sooner or later imho (prob. sooner given the sub $30 bargain price).
Cramer says the money given to Chinese would do more to stimulate Chimese economy than buying stocks. Of course, it would also do a number on US bonds I suppose.
I hope a major dollar selloff doesn't happen, since I am an American. Seemingly few places to preserve wealth these days. What is your opinion of gold & silver Marenkov?
Marenkov, do you deny that there is significant foreign liquidation of US bonds, notes, bills & equities in the last several days? This would explain the dollar decline and the flat TLT, plus a significant amount of the equity selling.
Merenkov, I think you are underestimating the impact of foreign selling of bills, notes, bonds. See the dollar today? Right now, the Dow is down over 600 (again) yet TLT is barely positive---doesn't this concern you?
True--I was able to sell a nice boatload of puts for massive profits by putting in limit orders.
Also, the weakness of the dollar hints at bond & stock liquidation by foreigners.