Shorts From This Morning


USO- DOWN $3.50

GLD- DOWN $3.46

TLT- UP $1.58

They sold them down today which actually surprised me a bit. Maybe triple witching tomorrow had something to do with it. I still will not fight the Fed in here. If this continues though, I would start to worry a bit more. The financials need to digest recent gains and the folks that own commodities started taking gains very aggressively today. The whole complex got crushed from oil,gold,silver and soft commodities. I still think the dollar will continue firming which in the short and long run will be great for financials and stocks in general. Choppy times ahead no doubt but I think we made the turn.

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