Sunday, December 7, 2008

Obama Speaks...How will Wall Street react?

Obama plainly put it straight. '...economy will worsen..."

And there you go. Monday will be another day where the bulls will have to beware yet again...

I will not add to my position unless we have a huge gap up or down... Oil is up for the time being. It seems that OPEC will cut production... in a huge way. So, my eye is on that as well.

In the end... Long-term Short on the market... short-term bull on oil... but i need a good entry... i am stuck again with my FXP call, but a SKF put...

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