Monday, November 12, 2007

The morning smell

I'm looking for weakness in oil and gold this week... and bottom picking this stuff on a good panic....

I don't want to talk about oil till it's 85 bucks... and I'm defiantly a buyer at 78, with all the recent speculations, I'm looking for crowded exits for it as a buy signal... Like down 10 bucks in a day.

But..

I may be smelling some weakness in some mining/materials names. I may pick up some mining stocks....

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