Wednesday, February 27, 2008

Futures Lower

I didn't get a chance to post last night anfdwe are lower going into the open here. SLW and PAAS still look like good entries. I traded COIN yesterday but got caught on the selloff. I will be cautious today as I really do feel the fed is in a real pickle here. The U.S. dollar hit a lifetime low,oil is over $100 and food prices are soaring. The wall of scenario is in full play here and the market seems to be taking bad new well.


About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.