Tuesday, January 12, 2010

After Alcoa

Alcoa was a bit of a disappointment for the Street and CHina has raised bank reserves so we are looking at a down opening on the stock markets. Correlated 'risk' markets are off as well. I will just have to see what happens after the first hour and where breadth is. I may just have to go in and increase my short at these levels depending on what I see.

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