Tuesday, May 25, 2010


It has been a while since I did many scans, went through some charts this am and things really look crappy. The only things close to bullish are the yen and dollar (FXE UUP). PTM and VXX might be okay also. Gold is debateable here, but I've been influenced on that one by an email I got. Retirement accounts continue to suffer as does my position I got into yesterday in XLF.

I am reading Jim Rogers book Hot Commodities, they are suffering also, seemingly contrary to what he is saying. There are some ETNs that track his index, I am going to start watching them more.

I should follow my own advice more.

No comments:

Post a Comment