Monday, May 10, 2010

Mailbox

Thoughts for the morning:

1. Minus $500 is a hairs breath is bad - investigate. Market orders
are bad! Flash Crash
Plus $500 in a hair breath is good - congratulate. Market orders
are good! Flash Boom

2. On the light side. Headlines of Financial TV, Bernanake takes Fed
to the brink of draining.
Headline should be that Fed provides $350 billions to the EU
support. One trillion in QE initiated today.

3. Gold will trade at $1650 and more.

4. Euro must be sustained above $1.29 to declare any market success.

Jim

So True. The rhetoric will reach spiritual levels now. It will be impossible to differentiate the wheat from the chaff. This is why you must follow the money as the showdown between the wolf pack and prey intensifies.

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