A.M. Look 10/25/10

The opportunity for World Financial leaders to agree on anything has come and gone.


Risk on is back in full swing.

Pretty much long everything in a chase for yields with a devaluing Dollar


This mornings highs in the Euro,Silver,Gold and the Aussie (attempting parity again)

will be important levels to overcome early week. In short I think you’ll get opportunities

to trade from both sides of the market. Month end is Friday. I would not expect to see

any significant sell offs in the Equities,metals or the currencies going into the end of the week.


Friday’s 30 year bond low is a very important level for all asset classes.

This level keeps the low rate pump working overtime and the yield chase ( or risk on trade)

in full swing.


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