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Joined Apr 1, 2010
8,861 Blog Posts
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u expecting a s&p at 1170 soon still ?
I wasn’t expecting 1170. I was looking at 1200 was the first major battleground but if we lost that then 1170. We only temporarily lost 1200 but it still held overall.
How come TBT is soaring in this environment? EUR and AUD are solid as well? What’s wrong with this picture?
They are all connected to the “risk on” trade when stocks rise, in this highly correlated environment.
So if risk is on, why aren’t we breaking out? We should be up up up, no?
We went from 1074 to 1233 in two weeks on the S&P 500.
Good point…, man TBT is on fire
In any case, thx for the FCX tell — if it wasn’t in the shitter I’d be long right now…
Luv the pic…
I knew you would.
How come there is no hotties in the pic?
I’m not that easy.