Monthly Archives: January 2010

Once again, doom and gloom

That’s it, the high is in, today’s 200 pt break is the beginning of the end. Fire and Brimstone, plague, disasters, tidal waves, cats and

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Is 200 points a blip or the beginning of the correction?

The dollar went through the 78 level with a vengeance. Perhaps now we’ll see what really happens when the dollar carry trade winds out. I

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11000 in the Dow, 1250 in the S&P, 78 in the dollar

I think we could see all three of those things this week. Certainly by the end of the month. The Republican win in Mass puts

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Monday MLK day, no trading

Today is our day off in honor of MLK. Tuesday through Friday, the stocks will focus on earnings. Since most companies have discounted so much

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When will Washington bring back the WPA?

I just had a brief question for any of my readers out there who may care to respond.I was checking the news wire tonight, and

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When will the funds bail?

Going into Friday’s opening, we had some amazing news. Despite the limit down move in corn on Wednesday, after the USDA report, open interest actually

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Sometimes a down day is just a down day

It never ceases to amaze me the manic-depressive nature of financial news commentators. You can tell that most of them have never had a speculative

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237 points away from 11,000

Won’t it be ironic when we see the Dow print 11,000. We got within 237 points from there today, climbing the wall of worry Bad

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Funds are wrong, look out below

Goldman Sachs came out today and advised their clients to get out of their corn longs. All the money in the world, all the research

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Turn Around Tuesday in the Grain, and a wall of worry in the Stocks

The day after the announcement of the biggest corn crop in US growing history, this market found its legs, led by the most unlikely, soybeans.

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