8/09/2006

  • Post Fed moves will become clear by end of day. My scans on individual stocks are not finding much. There is lot of volatility and gaps but follow through is lacking.
  • Gold stocks, the barometer of inflation did not find much of bid yesterday. Let us see what happens today.
  • Some of the oil stocks are being taken to the cleaners. I am keenly watching fresh breakout on some of the oil stocks, if they reverse then that will further confirm that the oil long trade is risky bet now.
  • Need to watch Maria or any other pretty face Bernanke is dating, for his post Fed meeting clarifications.

No comments: