Thursday, January 21, 2010

Feeling Some Panic

I have closed out some of my position and will be closing out the rest later today.  I will be looking for buys in the final hour of trade, I don't think we're going to bounce to the close like yesterday.  But a weak close could cause some panic which  I would like to buy into.  Traders will not want to be long overnight.

3 comments:

  1. you have any idea what happened to the us peso today. profit taking?

    I am buying it here

    ReplyDelete
  2. I think the euro is bottoming against the dollar. I wouldn't want to be long dollars for the next few weeks.

    ReplyDelete
  3. Sold other 1/2 of EDZ @ 5.19

    ReplyDelete