Friday, April 18, 2008

We Could Knock Out Dow and S&p Resistance Here

Everything looks higher led by finacials and the GOOG news. In pre market the ag stocks look weak, interesting to see if they join the rally later. If not MOO short could be interesting again. The dollar is stronger here and I am looking at a possible USO short, long DUG and long DZZ (double short gold etf) Good luck.

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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.