Wednesday, December 24, 2008

Wednesday Trading

With a shortened trading day, there is less incentive to get involved.  However, indexes and gold have a bullish bias while ten year notes and the dollar index are bearish.  The dollar index and gold are almost inverse charts to each other and both look like their respective moves could be substantial.  I would expect much more modest moves with stocks and notes.  

Happy Holidays!

There is a substantial risk of loss in trading commodity futures, options and foreign exchange products. Past performance is not indicative of future results