Yes he is. Personal wealth down to $1 billion. http://en.wikipedia.org/wiki/Marc_Rich Plus, I'm trying to get in touch with my trading guru, commodities trader supreme, Hillary Clinton, to get her thoughts here.
A lot of things going on here. New money, etc. Also auto sales were up. Chrysler's jumped 37%. http://www.marketwatch.com/story/ch...are-rises-2012-01-04?link=MW_home_latest_news CL seems challenged by 103 now. I was going to short 102.85 but it started to climb again and as soon as I blew it off it sold off. Cheers.
Not related to this forum but interesting. Poor Kodak is down to nothing. From one of the best blue chip stocks for decades. http://www.marketwatch.com/story/ko...ptcy-prep-2012-01-04?link=MW_home_latest_news I was born in Rochester, NY, and many of my relatives still live there. But we moved to So Cal when I was 3. Smart parents.
Forgot about this. http://www.marketwatch.com/story/oi...ks-up-api-2012-01-04?link=MW_home_latest_news
My new system allows me to sometimes profit even when I trade against the trend. However, for example today, I made a scalping profit long which was the trend, but the market kept going up. I am not sure what the solution is. I need to decide to be willingly to take a small loss in order to make a bigger win, or to just do scalps. But the problem with scalps is that I am not making enough money for the day if I just do one trade unless I decide to increase my contract size. The benefit of the new system is that now I only am willingly to take the trade based on my setup whereas last week I lost money chasing with bad entries where if I want to make profit I would need a much bigger stop. I am thinking I need to just be willingly to take one of my next trades with a higher target.
GM EIA Petroleum Status Report 11:00 AM ET Between the crude numbers at 11 & NFP tomorrow something big is brewing a wild guess is up 105 then to 101