From the monthly archives: September 2008
“No need to step in front of this train,” says CNBC’s Pete Najarian.
“I have no confidence buying stocks in this environment,” adds his colleague, Jeff Macke.
Buy? Who said anything about buy? But Mr. Najarian is right about one thing: there is no need to step in front of this train – when all [...]
Continue Reading →As I’m sure many of you have heard, the SEC has recently imposed a short-selling ban on certain financial and financial-related stocks. This ban will be in effect until October 1, 2008. After this date, the SEC may extend this ban at its discretion.
For more information on this and to keep up-to-date, you can [...]
Continue Reading →The Stock Market: How Low Can it Go?
Even after another day’s carnage in the stock market, it’s no secret that many a television pundit has spent the last several months repeatedly calling a bottom. Fortunately for you, we don’t listen to CNBC. As the markets have been melting away, the Wizard has [...]
Continue Reading →Nothing short of amazing:
ETF’s;
EFG 8-2 short @ 66.97, 9-5= 60.36
ADRD 8-2short @ 26.28, 9-5= 23.92
IYM 8-2short @ 75.58, 9-5= 68.61
ADRU 8-2short @ 26.32, 9-5= 23.87
IEV 8-2short @ 46.71, 9-5= 42.44
VGK 8-2short @ 62.75, 9-5= 57.02
FEZ 8-2short @ 45.23, 9-5= [...]
Continue Reading →Hello everyone,
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Continue Reading →Recent Posts
- We Have a Buy Signal in the SPY, But We’re Not Getting Filled… What’s Happening?
- Swiss Surprise? Not for The Wizard
- Could this be a repeat of 2008? Let’s hope so: The Wizard turns crashes into opportunities.
- U.S. credit downgrade. Europe in Turmoil. Are you prepared?
- The Market gave us a Sell Signal. The first S&P target is 1097 and the second target is 997.
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