A.M. Look 10/15/10

The most striking tidbit this morning is Goog being up close to

$50 and the indices are basically unchanged.


The currencies had another wild ride last night which to me shows people are

paring back their short dollar trades and nibbling at a long dollar scenario for

the next swing. It still looks to me to be too early to go long dollars for any serious correction.


Today’s game plan: leave your stops in place on your Spu shorts…

After Ben speaks this a.m. the street might feel they have a green light to buy the rest of the day.


This entry was posted in Archive, Uncategorized. Bookmark the permalink.