Bubba’s Take »
When The Market Hurts, Find An Exit
Last week could have been wicked. We were going after post 2008 highs. Osama Bin Laden’s reign of terror was over. The Dollar was improving. So you got long positions, but the only problem
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Al-Qaida vows revenge for Osama bin Laden’s death
Al-Qaida confirmed the killing of bin Laden Friday and vowed revenge, saying Americans' "happiness will turn to sadness"
Read More »Make Money Using The VIX
My students ask me all of the time about the VIX. What is the VIX? How does it affect my trading? The VIX is a measure of fear in the market. When the VIX
Read More »Good Advice at 5,000 or 13,000
I like to look back and see if my reaction to the market changes with time. I think I am always consistent, but one sure way to check is to look at past interviews.
Read More »Proof That “Blowoffs” Mean Cash
In my Sunday column I warned about a “blow off” in Silver. I told my clients last week to “keep those stops tight.” Price and time had become one, and I was concerned. I
Read More »Osama Bin Laden
Most of the Western World is celebrating. His radical ideas are responsible for the death of thousands… He tried to bring the West to its knees through fear… He used that fear to cause
Read More »With Bin Laden News Comes Surge in Fear Trade
Osama Bin Laden is dead, manufacturing is improving, earnings results have been great…all is well with the world. Right? Maybe not, at least if you’re asking options traders, who were making heavy bets Monday
Read More »Silver Takes The Market
Having not been at these price levels in over thirty years, Silver is starting to look very scary. On Friday it closed out April up 30% for the month. Pundits are predicting that it
Read More »Rollin, Rollin, Rollin On The River
In the song made famous by Tina Turner, we are ROLLIN ON THE RIVER! We are on a roll and it just won’t quit. Riding the wave is a beautiful experience. The market is
Read More »FOMC Wednesday – Big In Fact!
Yesterday was FOMC Wednesday and I had a feeling it could be big – and it was! Gold and the Russell made lifetime highs: both are up almost 3% since Monday. Crude Oil is
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