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....
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
Thursday, May 29, 2008
Come'on $120 oil
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