Category Archives: Economy

The stock market, forex, gold, silver, the Dollar, employment, business ideas and more…

Silver and Gold Up Again

Posted on December 6, 2010 by Mr. Trend

Gold climbs to over $1400 and Silver hits $30 an ounce. It still looks like gold and silver do well no matter what happens. Gold may reach $5000 an ounce in the next 3 years. Here are a few things … Continue reading →

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Priceline Stock Price is Out of Line

Posted on December 3, 2010 by Mr. Trend

Give me a break. PCLN hits 414 today. Minutes before the close I bought a Dec 390 put.  I also have Jan puts on AMZN, PCLN and NFLX.

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Thank You CNBC

Posted on December 3, 2010 by Mr. Trend

On CNBC’s Strategy session they just had on a “noted short seller” Asensio say almost word for word what I have been saying about Netflix. ” They have nothing!” Note my post 3 days ago.  NFLX now at $188…ouch.  I hope … Continue reading →

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400% in 1 day

Posted on December 3, 2010 by Mr. Trend

That was fun. Bought a  put for $1.95 200 strike price on NFLX on Dec 1st and sold it the next morning at $10.00. I will buy more puts on this when it bounces. Looking to buy AMZN, PCLN puts today … Continue reading →

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Time to make some money

Posted on December 1, 2010 by Mr. Trend

So the market is up about 190 points this morning and it’s time to pull the trigger. Just bought some puts on PCLN and NFLX.  I predicted we would have a few 100-200 point swings before the big drop and … Continue reading →

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Google The First Trillion Dollar Company

Posted on October 13, 2010 by Mr. Trend

If we are still using dollars in the next 7 years, Google will reach a market cap of a Trillion dollars by 2017 or before any other company. With a market cap of $170 Billion now, that would be 6 times … Continue reading →

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The Real Economy

Posted on October 4, 2010 by Mr. Trend

Is the economy really recovering? Most people would say yes, but slowly. We have positive GDP, but what does that mean to the average person? The words “double dip” have been used a lot, but what are the odds of … Continue reading →

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Stock Market Ready to Drop

Posted on September 27, 2010 by Mr. Trend

We have formed the right side of the head and shoulders pattern on the S & P 500 at 1150. There is a small chance that the S & P can break above that and Skyrocket higher, but more that … Continue reading →

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Silver and Gold

Posted on September 24, 2010 by Mr. Trend

As gold is hitting record highs, some may think it’s time to sell. The odd thing about the current rise in gold is that it seems that it can only go up. If the economy gets worse then people buy … Continue reading →

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stocks

Posted on September 6, 2010 by Mr. Trend

I  think the S & P 500 has formed a classic head and shoulders pattern and we are going to fall to about 900 on the S & P by the end of this year.

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