Posted by lae2 on December 05, 2008 at 08:46:23:
Odd movements this AM. A large bearish spike in gold metal with a rapid recovery. Energy stocks continue to plummet. Sharks may want to go hungry today.
Automaker bridge loans and job data are giving deep pockets the opportunity they need to shake out the last of the retailers.
Vultures ought to circle CHK, CMI, FCX, and BTU. Tight stops are apt to get triggered. A good whipping is possible.
I am waiting for the 3:30 PM show before making major adjustments.