Posting of Real-Time Trades and a VERY SIMPLE technique that makes TRADING SIMPLE!!!
Friday, April 25, 2008
MDP
If we can head towards 12,720 area and break below after the fed meeting next week, then SKF will come into play BIG time again IMO!! I still think we have another 100-140 run in us before the summer!! JMO
I'm probably booking some of my SLW Monday - hopefully in an up mode.
You think SRS might be better than SKF? I'm thinking if the Fed cuts only .25 or not at all and starts talking hawkish on infaltion that will cause interest to go up.
My thinking is that will pretty much kill any chance of a housing recovery - until the .gov announces some sort of bailout plan anyway.
Rate cuts are usually good for the financial sector but I'm not sure how they will react this Tuesday, ie. small cut, inflation, more write downs immenent, yada yada yada.
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I'm probably booking some of my SLW Monday - hopefully in an up mode.
You think SRS might be better than SKF? I'm thinking if the Fed cuts only .25 or not at all and starts talking hawkish on infaltion that will cause interest to go up.
My thinking is that will pretty much kill any chance of a housing recovery - until the .gov announces some sort of bailout plan anyway.
Rate cuts are usually good for the financial sector but I'm not sure how they will react this Tuesday, ie. small cut, inflation, more write downs immenent, yada yada yada.
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