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By Great Depression 2 (Reporter)
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Libya!

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What better way to get an undesirable headline off the front page than to replace it with another headline more desirable. I know…once again that is just too much but hey….did you notice the news cycle change literally overnight. I watched CNN go to the complete hour full of scenes from battle. Nothing like a night sky scene full of tracers andd bursting bombs to get the sheep focused on “happier news”. Not only have we buried the devastation in Japan and the looming nuclear meltdown (no easy task) but we have erased the heavy handed crushing of the democratic uprising in Bahrain Jordan and Yemen by our Saudi henchmen. Our pretorians are being stretched thin with the third front opened in Libya but not to worry…..all in a day’s work. This is what liberty and democracy is about. Cruise missiles and 24/7 digital film. I’m sure when its all said and done democracy will flourish in Libya with a Jeffersonian government for the people by the people.

One thing is certain…we are ready to put the pedal to the metal on the stock market. Forget the geo-politics and collateral damage lets get to the meat. Let’s get it on. This is about Ka-Ching. Today is PUMP DAY. As stated here last week they are going to squeeze the shorts again. Toooo much bearishness. Now you are going to pay. One day you will accept who runs this market and why. When you do and when they are through picking your flesh…..then and only then will they take this down.

I still like silver better than gold but Euro debt is coming back on stage soon so ANV EGO GFI and GORO will move. $HUI is looking like it could have a nice move now but I want to see how it handles 536 but it has shown a very strong reversal off it lower channel and near the 200ma. The structure of this turn “looks” good.

Of course silver miners are the potential monsters here and I may even add to my GPL EXK. SLW SSRI are core positions and I will probably let them ride a few days without a trade. Just depends on their intraday moves.

Energy still looks strong HNR HERO GMXR WPRT…….look at them all……watch that oil spill in the gulf this week ……so far they’ve kept it out of the news …ATPG SGY have an exposure to deep wells. Lets see how they perform today…..gl all

The PTB will not be saying this for a long time…..but someday……

Read more at Great Depression 2



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