Wednesday, April 23, 2008

First Hour

Fertilizers, Oil, Oil Service, Gold, Copper, Silver are correcting here. A bit of a dollar rally combined wth extreme oversold conditions are the reasons. We'll have to see if they turn it around later. The gap ups were indeed faded. The semis are strong

Notable Weakness here:


Petroleum #'s any minute


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.