Tuesday, February 9, 2016


It is getting panicky out there.  Europe is trading like the black plague and that is dragging down the US.  I believe we are close enough to the bottom to start buying so that is what I have done.  It is scary out there but it always is when you are close to a bottom.

Crude oil looks like it has bottomed, and that should help stocks eventually, once Europe settles down.  I am hearing talks about Lehman Bros when people talk Deutsche Bank.  That is clearly going overboard but it is shoot first, ask questions later.  Like risk reward of a long here.  Risk 30 points for 100.

No comments: