Wednesday, November 26, 2008

Euro Fast Money Jim rogers

Jim Rogers today on Power lunch.... That should drive the Euro dollar down another 1%.. The euro is getting Creamed today.

Like I talked about, and as a great example of Teresa's model. All this HyperInflation talk is a perfect example of how a top is formed, as all the schmoes jump into the Pool, and it's time to get out.

Now! I still want the spy to get into the resistance in the 90 range(900 on the spx) to see a heavy contraction. That could take till Monday for that correction.

BUT this feels like this could be a near term toppy move.

1 comment:

  1. DRR = Jim Rogers

    I'm done for the day.

    Winners
    Long NU (T.Lo's list)
    Long CNX (Barry's list)
    Long GDP (Barry's list)
    Long UYG (I couldn't pick a single bank.)

    Loser
    Short BRCM (My pick...stopped out.)

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