Euro..an old Chicago trader once said the hardest thing to do in trading
is to let your winners run…I guess I am still learning that lesson….
Had I not taken profits yesterday I would today….Eur/yen is getting pricey short term
at the 114 area.
Follow the bonds and so goes the currencies and metals..
up up and away. Low rates = a weakening U.S. Dollar and strong
metals is the current scenario.
Equities…day traders can try to buy the stocks against last night’s lows to see if they hold..
use a stop just below 1128 in the spu..Nasd ( 1975 seems as good a level as any early)
