Monday, June 1, 2009

Market Outlook

Yeap, the shorts once again get caught short and are squeezed. As a trader, there is nothing more thrilling when you are long and are squeezing the shorts, it's an great feeling. Oil continues to run as well, printing over $68. Oilboy75's $200 oil prediction might come true lolllllll. Gold is up as well, about $990 an oz in pre-market. Regardless, according to the futures, it looks as if this rally continues. There is no reason to short or fight the tape, even tho the CNBC "experts" tell you to "sell this market".

2 comments:

  1. I want your voices RF!

    ReplyDelete
  2. the voices are patiented but I may lease the rights for a high premium

    ReplyDelete