This blog will describe Jimmybees latest Market thoughts. It also will include thoughts on Jimmybees ongoing trading.
Monday, December 12, 2005
The Dow lost 10 points today on light volume. Advance/declines were positive. Entering a tricky period here to trade. I think we need to see some weakness and then maybe some strength at the end of the week but it isn't set in stone and it is just a guess anyway. Things will have to unfold perfectly or I probably shouldn't try to do anything. The risk is high. I will probably try and go out to January on the GE trade. No guarantees there either but at least I'll have time on my side. Gold rose over $10 at one point but the XAU ended up selling off and so did gold. I think the rise is over for now but who knows? Cutting this short today, more tomorrow...
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