MysteryTrader's Commentaries

Aug 28 2006

Relief rally?

by MysteryTrader

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Oil is down on news that the latest tropical storm will miss the Gulf of Mexico energy installations.

Stocks and bonds are having a relief rally.

This is not the last of the storms, however, and there are plenty of other potential problems to put a lid on the markets.

I am neutral at the moment and waiting for the right time to place aggressive bearish bets.

Tags: economic-events

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MysteryTrader's Commentaries

Relief rally?

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