Loading ...no one bought PMs yesterday when the world was ending–why would they buy today when paper assets are screaming to the upside?–if anything, i’d buy sdow right here–the mkt was up 425…where’s it going to 525? 625?–I think the risk to buying sdow now is the dow goes across the page…but the reward could be a 200-300 pt reversal later…they say that in a bear mkt. the rallies are short-strong and scary (for the bears)–is that what we have today? also it’s opex tomorrow that has to be figgered in–-btw–the russell is top tick up 19–so today is a broad move
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Capt Hook—good point about the margin players