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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

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To: TobagoJack who wrote (77140)8/1/2011 10:30:34 AM
From: 2MAR$  Read Replies (2) of 217821
 
You're right in the middle of the world in France , keep us posted on news out of Belgium...as noted the PM's moves down were muted & have spoken by running back up here ...July ISM Index 50.9 vs 54.0 vs consensus; June 55.3 and June Construction Spending +0.2% vs 0.0% Briefing.com consensus; May +0.3% (from -0.6%)

My feelings that the highs were going to be made in the thinly traded premarket today led me to short SOHU on earnings which popped up +5 to $96 early trading ....presently -7 and barely holding the 20ma as they trapped those early smaller traders . Very good morning ...;o)

Why they thought this was worth buying above $90 , when it was already overbought there as it was ?
(SOHU had already bid up in symp to BIDU earns last week , simple longs thought they had a free pass this am)
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