12 March 2007

Who Woulda Thought?

As expected the bulls do their thing and with a little help from desperate bears the markets run to new highs...any headlines to bail out the bears today? Probably not. Spikes into the post jobs number euphoria area 1785-1787 can be sold with limited risk...but again I think we'll flame out in the 1780 range and shorting there doesn't offer the risk/reward we look for...done trading for the day unless we really spike...jfg

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