March 11th, 2010
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COMMENTARY for Friday

The Illustrious History of Friday the 13th

by Rick Ackerman on November 13, 2009 12:01 am GMT · 13 comments

We owe a debt of thanks today to our learned money-manager friend from Lake Tahoe, Rich Cash, for his labyrinthine treatise on the origins of Friday the 13th.  Here’s Rich, and we would encourage you to follow the links he has provided wherever they lead (including this one, to subscribe to his excellent service): 

I had a financial friend who was a triskaidekaphobe. He did not like the Friday the 13th film franchise genre, with 12 films now. (Will the 13th release be unlucky?) On Fridays the 13th, my friend ran and hid, fearing the end of his luck, if not his portfolio. If a month begins on Sunday, then there is a Friday the 13th. There may be from one to three Friday the 13ths a year. However, this is the last one until 2015. Will this one be unlucky for the » Read the full article


TODAY'S ACTION for Friday

Friday the 13th Jitters

by Rick Ackerman on November 13, 2009 12:21 am GMT · 0 comments

Someone mentioned in the chat room that Armstrong had advertised yesterday as a reversal date — and good for him!  It sure as heck felt like one, what with the dollar barnstorming higher, stocks falling after a six-day short-squeeze, and precious metals taking a dive. I’ve provided some benchmarks that will help us judge whether the turn is likely to be short-lived, but bulls could be pardoned if they start the day with Friday the 13th jitters.


Rick's Picks for Friday
$ = Actionable Advice + = Open Position
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GCZ09 – Comex December Gold (Last:1103.70)

by Rick Ackerman on November 13, 2009 12:01 am GMT

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DXY – NYBOT Dollar Index (Last:75.70)

by Rick Ackerman on November 13, 2009 12:01 am GMT

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ESZ09 – E-Mini S&P (Last:1087.00)

by Rick Ackerman on November 13, 2009 12:07 am GMT

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SLW – Silver Wheaton (Last:14.87)

by Rick Ackerman on November 13, 2009 12:15 am GMT

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