Tuesday, January 13, 2009

Update

Stocks continue to struggle and don't look particulary bullish.  However, a modest rally can change the charts quickly. 

The dollar and crude had all the volatility today.  The dollar index was very neutral coming into today but now looks like it can continue higher.  Crude was very choppy today as it seems to be developing some short term support.  

I've been working on the website, www.stopsandoptions.com, and will add more info to it shortly.  Take a look when you can.

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