Thursday, July 19, 2007


We remain 100% long stocks but are ready for a major change in here shortly as something is going to give. Oil / resources continue to rise and the FED says they will not ..that tell me to short the OIL MARKET .

The shorting of OIL at this level seems too easy so it will probably have one more blowoff and then we will buy puts on everything to do with oil !!!!

For now we enjoy the record run and seeing the QQQQ at 50.50 today was a sight !!!

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