Pailin's Trading Corner

happy tuesday setting up. Big move tomorrow up possible. Probability good.  Looking for dips now.  SPY trading in a constricted bollinger means it pops soon one way or another. Tomorrow it pops up I think but its just my guess based on weekly behavior, not for anyone else. If Spy completely breaks down today, different story. And the dollar is key imo.

Indicators are interesting but what do I know? DE thanks for the humor, I appreciate it. If Goldman is all over something and bullish you have to strap a solid steel plate between your shoulder blades  when the knife comes down.

Keeping time frames short. Have zero confidence in longer term direction. Zero. Not a good sign that Max Keiser is back pumping silver, no way. Silver goes to 17 just as easily as to 36 from here and I would prefer Tarot,coffee grind patterns,entrail readings  and Moon cycles to any trend spotters at this juncture.

Be careful on the Iran topic this go around. I personally don't remember the last time we've sent Thousands of GROUND troops to Israel. 

This isn't being propped up much in the media.  I've been getting most of my info on this topic from the non-mainstream sources.

Trading oil right now is a high risk proposition-- in both directions. It's either going to get smacked back down or go hoopie on more brinksmanship by Iran. As someone who has traded oil stocks for years, counting on oil to go vertical on Iranian/Israeli tension is a big stinking loser of a trade. If you are reading Debka, you will lose your money. I'm out of all my oils as of Friday close and this morning. Sold SU and BHI for nice gains. Took a loss on SUN.

Plugged some of that money back in LNG just a minute ago at 8.78.  Might be too early to buy LNG back. We'll see.

I have already put in my reservation for the Col. Hogan suite at the Hawaiian FEMA stalag 17. No wifi though just a Mcguyver wireless setup made from an old coffee can a spoon and a piece of string.

Shit, Atlee beat me to it!

Feeling like Klink.

What boring action this morning. Everybody just sitting around waiting for Ahmajenadad, er Ahmaddeenjad, er Amahdinajab, er Ahmadeenijad, er  Ahmadinejad to crack open the Strait of Hormuz like a pistachio.

Stalag 17 was great movie w William Holden

Greatest quote: "Just one more word. If I ever run into any of you bums on the street corner, just let's pretend we never met before."

If you haven't seen it, get it. Great American story of another reluctant hero.

http://en.wikipedia.org/wiki/Stalag_17

is a poor setup for Turnaround Tuesday. If we can't cop a mkt direction I won't be trading tomorrow. This is.as dull as dogshit. I'm going outside now and check in before the close. GLTA.

So what time do the markets open today guys?

atlee, lol....say what?  Last time you started twittling your thumbs, the market went up big time.