Jim, a weaker dollar will lead to a mass exodus of investment in US stocks, bonds, etc, on a large scale, which will become it's own big mess. So, we seem to agree, a strong USD is in our best interest...
However, don't underestimate the chance that the FED and current Treasury secretary can
screw things up.
Covered my VRSN/ORCL shorts/puts, and all of the others, worked out well, time for a bouncerooo?
Oil pricing is a very big deal, and a stable $25 per would be nice, which is the OPEC target, but we have overshot that level by quite a bit. That 1 million barrel thing does not exist in reality, it's a future players game, period.
As for gold, it does make a good daytrade, but if you look closely, many of the better quality issues in that sector are in the top 1/3 of their yearly price range, so someone is and has been accumulating shares.
2 bio ratdogs, STEM & ASTM doing well today.....they shook 'em down yesterday, so the snakes still control day trading...
I like MAGS, one of our old rats, check the rat thread for the reason. |
