It’s time for Long Term investors to make a decision.
We’ve come a long way in the Soxx & Financials. The
Agra stocks like Pot are at nose bleed levels and are ripe for correction.
Many instruments such as MCP and REE have already seen massive profit taking.
How big a believer are you in the refrain ” Money for nothing…Chicks for free!”
If you don’t wish to be in Dire Straights after the # tomorrow book some more money before the close today
and leave a trailing stop on the remainder of your holdings basis unchanged on the year.
Precious metals… typically Unenjoyment Friday has provided a trad able low. We’ll see if anything
jumps out at us after the report.
Euro…major sell stops should be just under 129.70….Mr Langer feels this would be a perfect
spot for shorts to get trapped the first time in.
30 yr. Bond futures…..The low 119 level on the downside and 122.05-10 on top..
