Sunday at 2pm or global trading trading starts... they don't care about memorial day...
Sweet Crude is trading 132.75.... that isn't good... What we want to see is it fall through and test 120, not going to happen in electronic trading though.
I haven't been tracking it, which obviously is a mistake. but the Euro is very strong, and in may it started trading up... we got damn near all time highs again....
Maybe this is just it testing a lower high, but.... That surprises me.... I'd love to see those Europeans trade Brent back to 130........
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
Monday, May 26, 2008
You know me, I can't quit
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