Chickin Sandwich
Bonds rally and equities follow after this morning's mini trashing with a huge spike up into the the 1795-1800 resistance level in the Naz futures...Gold up $10 and oil green again with housing rallying despite just terrible residential spending numbers...have to think the shorts just started covering when a -19% number failed to bring in any new sellers.
Euro also accelerates through the $1.30 level and I am half kicking myself for not participating. Experience has shown me that playing the currencies around these economic reports can be hazardous to your health...I'm out...see you at the close...jfg.
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