Thursday, November 6, 2008

Mid Day Crash Break

Nobody wants to get in front of tomorrows unemployment number so their just selling. Global recession fears are back (why it ever left i don't know) and materials and soft/hard commodities are getting taken top the woodshed,

I'm long SMN and FXP and short CMI. Could be an ugly close.

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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.