S&P bottomed.

Discussion in 'Trading' started by Kanzei, Jul 3, 2008.

  1. Kanzei


    OK. I get it. Trichet is Paulson's puppy dog and the EU is playing along to prevent a collapse in the U.S.

    But why the panic selling in commodities? If the U.S. is going to stay afloat, we'll keep buying crap made in Asia; which will keep those commodities flowing.

    What is going on with KOL, for instance?
  2. it's allowed to make bottom calls here only after 1000 messages.
  3. Pigs getting slaughtered.
  4. Unbelievable. Anyone who was long at this point was a greedy farking pig and they're off to become bacon.
  5. Kanzei


    oops. sorry about that! :D
  6. Kanzei


    could be... but I don't see China turning off those five gazillion new coal power plants. the trend is your friend in commodities, right?


    ps - KOL and the stocks are bouncing intra-day, even MEE is racing up.