Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Monday, November 12, 2007

I'll be

Lookie there +44 on the futures... and some positive motion on the peso, this is a 5 day low.

In fact if one were running a SMA the 5 day would be declining.

This advances my notion of a blow off top in the peso/ and gold.

Honestly I don't believe it but...... It's something.

Overnight We had Negative futures, and that was when the peso started coming back. My theory was that the reason for the Dollar strength was Europeans stepping into or market to "Dip Buy".

Just a theory.

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