I think (and hope) your friday selloff scenario will play out
The $ is due for a fall Housing is gonna fall Financials should fall as well Fed meeting tuesday (hold or raise but no fall - I'm 50/50 hold or raise) Grains are stopping their freefall
What we need is a buttom in oil - period!!!
Still underwater with the miners and only one EFT - SRS bought last night at 89,5
I'm 100% on hold for rates Fish. This oil pullback might actually get them into more of a Hawkish statement which could help us (gold). Miners are getting VERY oversold and GDX touching EXTREMELY STRONG support.
2 comments:
I think (and hope) your friday selloff scenario will play out
The $ is due for a fall
Housing is gonna fall
Financials should fall as well
Fed meeting tuesday (hold or raise but no fall - I'm 50/50 hold or raise)
Grains are stopping their freefall
What we need is a buttom in oil - period!!!
Still underwater with the miners
and only one EFT - SRS bought last night at 89,5
I'm 100% on hold for rates Fish. This oil pullback might actually get them into more of a Hawkish statement which could help us (gold). Miners are getting VERY oversold and GDX touching EXTREMELY STRONG support.
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