Friday, May 14, 2010

WEAK IN THE KNEES

TEST of recent reaction lows may in thecards with recent weakness and selling prior to any chance of enough buying power to propell stocks to any new rally high.

Gold's out of control posting another SERIOUS gain this AM to near $1,240 an ounce, and yet I know of almost NO ONE who owns any! GOLD at new highs in face of strong rally in US $ is a stern warning IMHO.

OIL which was at $85 atthe height of recent stock highs and wet dreams of strong recovery AGAIN shocks the longs now near $72 !!! WTF????? weak oil usually translates into WEAK ECONOMIES

ILLINOIS A DEADBEAT?

AM DATA DUE UP.

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