Finally we are seeing some pullback in the commodities and commodity related stocks. Oil is down $4, gold is down $10 and the agro stocks are down. Maybe this is the fast money moving out of the commodities here. I been saying a pullback should happen for over a month now, I will see how this plays out here, maybe we can catch some plays.
I was done trading the first 30 minutes of the day as I made my profit goal for the day plus I have a headache. It is 12:30. lunch time period so not much is going on, will update tonight on some of my thoughts shorter term here
Monday, March 31, 2008
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