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

"Sell down to your sleeping point"

Tuesday, June 2, 2009

what are we looking for

Commodities open at 9AM eastern

it will be interesting to see how they do...

watching the xme and xlb for relative weakeness...

the breath indicators I have showed weaker broad stregnth yesterday, than friday.

also weakness out of cyclicals and early recovery...

The dollar made a new low this morning... gold had a nice run but not a new high....

the IWM has some noticeable weakness this morning.

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