Wednesday, December 14, 2011
You have to love when you post almost at the low tick of the day and we have been coming off those lows ever since as the Euro makes its way back to 1.30 and trys to hold it. Dow is down 70, Nasdaq down 29, and mlps down less than 2 points. But commodities continue to remain near their lows with gold down 78 bucks and crude down over 4. I have to think that this intra day rally will run its course and more sellers will arrive late in the day. But, honestly, nothing surprises me anymore. The 10 year btw is at 1.92% which isn't exactly a ringing long term endorsement.