Good morning and welcome to the terror d…
Good morning and welcome to the terror dome. The markets tried to open flattish, but quickly faded lower and it feels, shall we say, “squishy” out there this morning. The markets and individual stocks need to shake out the weak hands and punish the johnny-come-lately-bulls who were late to the rally. Thus, today’s and this week’s overall ugly action. It’s a process.
Nokia’s getting hit this morning, but it’s still above our cost basis and I’m not likely to do anything with that one today. Let it play out.Shorting some Gold and Silver, via GLD and SLV respectively, are what I’m looking to trade next.
