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Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.

— Marcus Aurelius

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Thursday, September 24, 2009

Shorts..even at the end of summer!


Looks like several things are topping out (or bottoming - depending on which way you look at it!!!!)

to name a few, cable (looks like it has formed a top), oil, see chart (top), dollar (bottom), euro (still forming top)..

euro strength looks to be the default trade...ie where do we go to?? Pound, dollar, yen???

short on strength ...see dax post earlier..

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