Loading ...Cheerily-without a care in the world–they tried to ignore Amazon and bought everything else that wasn’t tied down–they brought Amazon back a long way but now it’s back down $70–it was down $110 at the low..if this mkt rolls over hard the last hour and the $ index starts giving up it’s gains, then G&S could bottom out…a long shot scenario…other than that, the G&S action stinks to high heavens–CDE is up a penny and 15 cents off its low…
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If u put a gun to my head and told me I had to buy something in G&S…well..-I’ve been eyeballing the SLV april 13th [an eternity in volatile markets] $16 call at .05 or $5 a call-300 calls for $1500-good risk/reward IMO-On this type of day , I would usually not buy…but stocks and the $ are so volatile–and each day is a NEW roll of the dice–under these conditions, charts can indicate one road to take one day-then a completely different one the next–in other words check out the technicals with a skeptical eye.
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