ThinkExist Dynamic daily quotation

Sunday, December 6, 2009

 

The Moose say's,"I'll be back!"



I was very disappointed to see the MOOSE will be blacked out to the public for now. Seems the Grinch (better known as PROETF) felt he was the GURU of Whoville. This sucks! I'll continue to watch the Moose charts and try to figure out where Bill Dirlam may be suggesting to put money. The Moose Perfchart should help!
For now I've put my Moose Money in the UUP. This is the US dollar index etf. Over the past 2 weeks it seems to have found solid support at $22.02 with a double bottom at that exact price. High volume on a big up day this past Friday along with a buy signal on the StochRSI reinforced my buy decision. I'll probably swing trade the moose perfchart leader. For now that appears to still be the ILF but the GLD has been outperforming in the near term. GLD took a dump on Friday as the dollar rallied and if the dollar continues this rally all commodities and equities could be in for a fall.
Hopefully the Grinch's' dog Max will bite the boy's at ProEtf on the ARSE and those of us in Mooseville will have a Merry Christmas this year.

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