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"

Thursday, May 29, 2008

Come'on $120 oil

Looking good KRE

Market leaders: 47 minutes in Electronics, paper, distillers, retail specialty health-care retail bio-tech, consumer

Laggards: Non Ferrous, steel basic resources, coal precious meals, aluminum, oil companies

The um... in the 1.55 level it is going to hit some resistance... it should work through it... and I swear 1.50, but it may take a few days...... but this may slow the commodity decline... which hasn't happened fast enough in oil......

the good news is that for a while the Euro was flat, and Oil sold off....

No comments:

New Economic Indicators and Releases

What does Blue Horse shoe love?- Blog search of "BHL"

cnbc