Sunday, June 28, 2009

the Wek ahead


Just had my fingers burnt making a couple attempts from the buy side at 69
68.75 and now 6.5. there is a vacation week-The NFP is back on Thursday they are expectimg -355.000.
there will be very strange marks as people get their balance sheet lined up for end of quarter
Cars sales are also out this week there is some talk 
Hedge funds are calling to hedge oil pushing oil
there is a real worry for future supply but for now there seems to be an abate in that concern
We may wait until morning to put our position









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