Lets see how home sales turn out....
the CL.1 contract is down to 129.12 and is now cheaper than Brent.
gold is down $22.....
The euro just tried to catch a bid... but I don't buy it.... should see 1.5700 soon.
All of these are tracking the Euro..
Except Gold, which for some reason is anticipating the moves...must be gold traders being the elite commodity traders.....
all the material/oil/mining ETF's are getting beaten, 130 oil was huge support. and we are a buck below that.....
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
Tuesday, May 27, 2008
Wow
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