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Strategies & Market Trends : 50% Gains Investing

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To: KyrosL who wrote (88317)3/24/2010 2:43:20 PM
From: Keith FeralRead Replies (1) of 118717
 
I like what's happening with Treasury yields going higher along with the dollar. Sometimes, I like to see the dollar rise to buy something on the dip, but today it seems like a good excuse to take some profits going into the end of the quarter as the VIX is starting to rise and oil prices are beginning to give way. Oil inventories were up 7 million barrels today, which may set up crude for a retest of the lows on Monday near $79. I think consumer sentiment would be much stronger this summer if we can avoid gas prices getting over $3.00 a gallon.
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