Well I'm still head scratching.... I think that near term the dollar bears and commodity bulls don't want to give it up....... I think it's going to be a fight.
Overall, I'm sticking with my thesis that for a few weeks the commodities are done... and that that linear regression needs to be re-evaluated.
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
Wednesday, April 30, 2008
Tough Trade
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