Wednesday, March 18, 2009

Market Update

We're an hour away from the release of the Fed meeting statements which may certainly move the markets around some. Nothing technically, however, has really changed from my morning post. I would not try to pick a bottom in either the dollar index or gold for the day. Crude is a little softer than I expected but there is still time for it to firm up and maintain its positive momentum.

I don't have a short term view of stocks from here.


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