07 November 2007

Waiting With Beards

The moves today in the Euro and gold are almost breath taking...having been long the Euro in the $1.17 and $1.29 areas, it is very hard to watch the currency smash through $1.47...I was also long gold in the $560 area, but enough on that. Markets taking it on the chin and it looks like a trend day...we'll probably finish on the lows so no bottom fishing for me...I'm still looking for financials to stabalize giving the green light for the speculators to jump back into the NAZ...jfg.

No comments: