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Friday, February 12, 2010

Don't be a fool...

The markets opened sharply lower today, but has managed to drift higher...hold your shorts. if you are short oil with me, a break of $35.60 will yield a drop to $34.70.

The downside is still in favor.
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-I picked up DZZ yesterday as GLD approached the $107.80 level ($107.56 was the high)
-Re-check the blog often, I will have charts up this weekend.
-Happy New Years!

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