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going with the I Fund for next week. Monday/Tuesday action.Looking for some + FV. We are closed Monday, but they are not. Looking for a bounce,then I will lock profits.
Yes, but the Nikkei is opened..recovery mode,also US Dollar is overbought near-termSome foreign markets are closed this coming Monday. UK, Norway, Sweden, Finland, Austria, Switzerland... possibly more. I'm looking for a complete list.
Posted last Friday.....look today at the us dollar..http://www.rttnews.com/FOREX/FXTopStory.asp?date=05/29/2007&item=1412%ayear;96490 said:Yes, but the Nikkei is opened..recovery mode,also US Dollar is overbought near-term
IMO....I am locking profits today. Went to the F Fund for sideline action. My concern, like I mentioned in 350z's site is China. Everyone seems to think that Greenspan and Goldman Sach's comments are useless. I differ on that. Once China falls....it will not be pretty. I know that I am in the I Fund today,but its a huge gamble. Let's face it...everyday in the market is a huge gamble,but I try to play it smart. It is all an educated guess and playing %s. All these charts that are posted, are good to a point. Any curveball will kill any chart or techinal points. Anyway, GlNot much on the docket for tomorrow, but Thursday is loaded; GDP, Jobless claims, Construction Spending, NAPM. IMHO there will be profit taking tomorrow and Thursday will be green. 12%?
http://www.nasdaq.com/asp/econodayframe.asp?page=http://www.nasdaq.com/econoday/index.html
one word..Hamptons......many money managers will be locking the profits into any green they see. They are afraid of the China meltdown. They are going to be on vacation...Hamptons. This is the time of year, where you will start to see volume dryup. So the swings will be wild. Last year, it worked to the bull's side, this year might be a different story. I still will be in equities, but hobo style....jumping on and off moving trains. I will be watching....![]()
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