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"

Tuesday, May 27, 2008

FreeFall

Premarket -
Gold down $20

Oil Down $2.50

dollar euro down .01

3 comments:

Tony said...

I don't about "free fall." I bet you could make at least 60 cents as it fills the gap today.

Tony said...

And that's not even looking at SLV!! Down 3.5% and it will come back a little. Isn't some this precious metal stuff just profit taking from the past 10 day run-up?

Eric said...

It's all based on the Run in the Euro, over the past weeks.. Which went from 1.55 to 1.58... that is the commodity boom of the past weeks....

it's time for that leg C downward

New Economic Indicators and Releases

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