Great day again

This is true, what about of foreign creditors? what about commodities?

 

It seems they have one eye closed when watching inflation. It has been above their comfort level for years, now here comes oil again, one hurricane or any problems with Iran and the fed is having to play catch up, very risky indeed.

 

one or two hurricanes in the gulf and oil goes to new highs.

 

Speaking of oil...... gooooo oil my long position @ 64.50 is hot today.

 

You said it, I am long june crude @ 64.50 the fed cannot sit on their hands to much longer, the stock market is looking a little shakey up here.

I will still play the dip game, but will take profits fast.

 

Makloda,That's OK.I agree with you on the most of it.But then who cares about the dollar?It's the world's major reserve currency and if the dollar will go into a big move down then I think it will create much more problems for US than all this housing,inflation,etc.Thanks.

 

That kind of mindset causes contract traders to lose money.

Your not alone. There are thousands of traders wit the exact same strategy. The trader with the quickest finger gets out; the rest are left holding the bag when the price falls back.

 

zero fading, zip selling... no retracements on up-bars all day, amazing.

 

lol, still flooding the bid non-stop.

 

so true.