Cusick’s Corner 02-03-2012
I wouldn’t call myself at this moment a contrarian, but just coming from the perspective of a tired trader, I think that the market will need to rest. I say this because we saw today an acceleration of the unwind in the Bonds, TLT, and that money will have to go somewhere and for some traders at this stage, equities may appear more appealing. Crude did recover into the after hours, $97.80 +1.44, and if the data is telling us that recovery is in motion then we could … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards