Tuesday, April 25, 2006

Update

Markets lower today in general. The thesis about equities and commodities (oil) retreating was correct. Closed out the short Dow position too early though. Sitting on a nice (unrealized) profit in Crude. Glad I covered the long USD as the currency is still showing strength here. Panic selling in oil stocks as Crude is coming down. Easy to forget oil is still well above $70/barrel. Won't add to any positions before the number though. Google's weak hear, as it the market. Might soon be time to go long Silver again, as the listing should be very close in time.

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