CL Redux

Damn. Shakes his head. Pent up energy. Philly Fed leftovers, etc.

 

For those who care about the why that previous [CL] drop seems to have been euro-induced...

Messieur Trichet speaking in a few minutes... (plus existing home sales at o'clock)

 

i'm still short, just gone through a near 80 cent retracement!!

 

I remember that guy.

Here are the econ reports for the week.
http://www.briefing.com/Investor/Public/Calendars/EconomicCalendar.htm

 

Close 103.55

 

haha, not really. I just can't find an appropriate exit point. It hasn't hit my (soft) target.

 

Good trades.

 

# 10:00a

February existing home sales fall to 4.88 million


January existing sales revised up to 5.4 million

March 21, 2011, 10:00 a.m. EDT
February existing homes sales fall to 4.88 million

WASHINGTON (MarketWatch) - Sales of previously owned homes in the U.S. fell 9.6% in February to an annual rate of 4.88 million, a real-estate trade group said Monday. January's data was revised up to 5.4 million, according to the National Association of Realtors. Economists surveyed by MarketWatch expected existing sales to drop to a rate of 5.1 million. The median price of homes sold was down 5.2% from last year at $156,100, the lowest level since April 2002. Inventories of existing homes for sale rose 3.5% to 3.49 million, representing 8.6 months' supply

 

stop moved to 10282 (april).

C'mon, guys, take it out, so i can go for lunch .