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USA: Stock Markets – Today’s Buy & Sell signals – some shockers!

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Original Post Date: 2011-03-21 Time: 17:00:02  Posted By: Jan

I am running a bit behind on this one, and studied my graphs and saw some rather shocking signals!

1. Sell Silver – ZSL ETF. Silve fell a bit, triggering a buy, but then it rose too much. Its time to get out and just watch the next few days again.

2. Buy Oil! – Ouch! The oil bubble is over… but, Oil actually gave a buy signal. However, I am going to pass the oil BUY over. The original bubble is over, and I’d rather just stand aside and watch this time. It is very probably the end of my flirtation with oil on the bullish side. I am waiting to see where it goes next.

3. Buy Silver – bullish ETF like AGQ. It issued a buy signal. I am also just standing aside from silver at this time – from its bullish side. I am waiting rather to see it falling.

4. Buy Natural Gas – ETF: UNG.

Of the above 4 signals the only ones I suggest we action are: (1) and (4) above. Oil and Silver… I think both bubbles have burst… and I just want to stand around and watch how things develop.

A lot of interesting things are happening… I did some more analysis, and we’ll watch more build-ups to some very interesting developments in the coming weeks.