Tuesday, December 6, 2011

Tues Muse, Don't see any edge

On the indices and currencies I don't see any edge.    Keeping powder dry, no use "betting the same thing" and just ending up in the meat grinder with profits gone.  

Oil is interesting, it is kind of the "anti dollar", a currency of sorts.    Oil has the most obvious 5 down and now in c up which could be substantial.    Does the chart predict more war?   It is funny how charts seem to predict the news.

I posted this the other day, it still applies.    It says Oil up, dollar done, US equities up.


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Insightful and Useful Comment!