Our firm has been going long all week, by the end of the volatile cycle, we might eek a small profit. If not, there's always next week to give it another try. By the close of business today, our positions should be all in money market cash. Anything could happen between now and 4:00. So it's not over until the fat bell rings!
Friday, June 13, 2008
Turbulent Markets
This week we have seen both extreme rallies and extreme selloffs. Fueled by nothing short of more inflation worries, banking write-downs, and rising commodity prices!
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