Tuesday, January 30, 2007
Bobby Valentino: Slow Down
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Everyone should read this about Eric Bolling. It's a good read. Apparently one day he lost $2 million while he was reading a story book to his son during the course of the trading day, all the while knowing where the market was going. Now those are some serious balls.
http://www.davidrowan.com/2005/11/fuel-economy-hanging-out-with-nymex.html
http://www.davidrowan.com/2005/11/fuel-economy-hanging-out-with-nymex.html
Gold could be a false breakout since the gold stocks are not acting like they should be which many times is not a good sign for the metal in the short run. Need to keep an eye on NEM,ABX,GG, etc. to see if they make a larger move to the upside to confirm the metal breakout.
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