Friday, August 1, 2008

It's Friday

This morning we will see a horrible number out of GM and the unemployment number will be released. A number above 70,000 we can look for a big down move today. A better than expected # we could see a good rally as oil is down again---so far. An oversimplification , but that's really what it is all about today. Good luck.


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.