Wednesday, June 06, 2007


Ok now the markets are really starting to get murdered. I still expect a rally in the last two hours of trading. If not we may close down over 200 points on the Dow. Increased inflation, slowing growth, no rate cuts in sight,increased bond yields, decreased productivity.....maybe the market is starting to get the message. Maybe the bulls are getting worried. Or maybe I'm going insane. Whatever the case I think GLD looks really good. Its holding up well in a crappy tape. And NTRI still looks amazing.

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