12/12 reversal of fortune

Discussion in 'Trading' started by scriabinop23, Dec 12, 2007.

  1. just for fun ...

    I'll stick my head out and say this 1480 close was a headfake.

    Unless we get some solid negative newsflow tommorow, this market closes above 1500 very easily on 12/12.

    Buy some australian dollars and lighten your treasuries.

  2. Futures up tonight. I think it's a sucker punch tomorrow.
  3. hahah.
  4. Where would we be without the latest feelgood announcement from the Fed?

    I really need to get out of the USD, but I've been putting it off for years. What would be a good international fund if I don't want to daytrade currencies?
  5. moron28


    Consider putting some of your extra cash in MERKX.
  6. Thanks, that's one of the ones I've been thinking about.

    BTW, what is extra cash? :confused:
  7. moron28


    Sorry, bad choice of words. I guess I was thinking about idle USD denominated funds sitting in money market accounts.
  8. gobar


    market keep going lower...

    any one think we see red today?
  9. Yes. (Didn't want to jinx it earlier.)