Thursday, June 26, 2008

Energy

I'm not talking about Carbon.

There is alot of energy in the market again... We are in a Fast Money Traders market...

From what I've seen, this kind of market, which can last for 1-3 days... is a sign of a change.

Lots of volitility in the oil market. Up $6 down 3 up 3 down 3.

In all this armageddon, I'm liking the way the big cap regionals are holding up.. My calls are up big.

What I don't buy is that the fed on hold is bullish for either the Euro or commodities....

so lets see...

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