When we were chopping higher I thought we'd get a shot at 86-87, but now this seems to be getting nowhere... which, of course, it's when THEY make their move
Yeah, I think I'm gonna sit on my hands for now. Want to go long, but this is the last hour of the month, and stocks I'm following have been red for a while.
Every 2% dip is a gift & 10% dip is a lottery win. "...Whether QE2 works or does not work, does not matter, what matters is as I have pointed out several times over the past year that once QE starts it does not stop whilst large government budget deficits exist, therefore we are looking at a decade of QE in the U.S. and much of the rest of the world. That is a decade of real-terms inflation expectations that is waiting to be priced into the asset markets!" - N. Walayat
hesitant to short or long at this point. CL cranking along well, gold flat, eur has room to run. Probability goes to long side, but I'll set some alarms and move on with other things. Election chop.