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Wednesday, June 21, 2006 1:04:05 PM
Both HUI and S&P flirting w/top of channels here. Not exactly the safest place to buy. S&P not quite there. Gold testing it's downtrend as well at these levels.
Markets starting to discount language change from Fed or just counting on 5.5 putting the Fed on hold?
I'm guessing quite a bit of today's action is short covering.
Markets starting to discount language change from Fed or just counting on 5.5 putting the Fed on hold?
I'm guessing quite a bit of today's action is short covering.
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