Wednesday, July 9, 2008

Iran Flexing

Iran is shooting off some bottle rockets,hmm, medium and long range ones. I wonder why? Futures are off slightly and oil is up. If oil takes back its giddy up here, there could be some great trading opportunities in the oil patch today. Will steel,fertilizer/ag and coal be bounce plays today? We will see. Still bearish and flat going into today

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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.