Thursday, March 4, 2010

Thursday... dull day ahead

I suppose the markets will be sideways just biding time till the labor report tomorrow. long gold miners and energy still. Also had a buy signal on the euro via FXE but it pulled back at a long term LRC line 50/20.. so could be a failure here... or just a pullback before the launch. The buck is kinda overbought so it just may playout. We will see. Its not in my group of tradeable ETFs because its too expensive at 135 and the reward potential doesnt look that good.

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