Patiently Waiting

I have no open positions.  I try not to trade against the trend anymore so I'm patiently waiting.

  • DOW down -55.29 to 12987.55 (-.42%)
  • Gold down big -12.00 to 795.7 (-1.49%)
  • Oil down -0.80 to 93.82 (-0.85%)
  • Dollar index up 0.83% to 76.033

What's up for the rest of the week?

  • Tuesday – US PENDING HOME SALES M/M at 3:00 pm EST
  • Wednesday – US PPI and BERNANKE speak at 8:30 am EST and 9:10 am EST respectively
  • Thursday – US CPI
  • Friday – US TIC at 9:00 am EST and US INDUSTRIAL PRODUCTION at 9:15 am EST

Popularity: 1% [?]

Comments

One Response to “Patiently Waiting”

  1. TradersLog.com on November 12th, 2007 7:19 pm

    I think after 4 straight down days in the stocks we will see more weakness in the equities this week -

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