Friday, January 29, 2010
Read between the lines!!
That was just a trading maneuver.
Today they upgraded WMT, and they said that China would be fine.
Well, wasn't the thesis for getting sour on the materials was that China would tank, and stimulus money was yet too far away?
But X (45.58) DE (51.11) CAT (51.86), FCX (68.82), CMI (45.55) have all corrected enough to give good entry points again.
Because now its Wall Street's turn to screw the shorts!
Posted by Palmoni at 9:02 AM