Well Futures are down, of course since we ended on the highs that is normal.
gold is at 926 and the euro/dollar 1.341... I like to see that. I know I was more surprised to see residual stregnth in gold, I'm not a gold fan, and we could see some of the gold holders try to keep a bid in it through the quarter end.
I'm keeping to my Non Call, I was surprised continued stregnth in gold. I want it to break down Mostly so the Armageddon guys can take one up the ass.
after a big up day (ya 200pts is nominal as an up day, relative to most these days.) it would be normal for us to move sideways, that would then give us a chance to move up on monday.. that would be normal, and then the March 31 open could look good on everyone's books.
This is where I get Wonkish, There is still a tenancy for us to get some sell off before the 31st, I just think that people will be nervous about holding them, and the preasure may be too much. So we may get a high before the 31st. Monday morning or so..
maybe be deviate from our standard pattern, I'm just ready for many things over then next 2 sessions.
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
Friday, March 27, 2009
Morning
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