Tuesday, December 22, 2009

GDP

U.S GDP number has been revised down to 2.2% from original 3.3% (How reliable is government's number). The Chinese market was down 2.3%. The U.S market is trying to go up but I have doubt in it, given the bond yield moving up quickly.

I will keep an eye natural gas again. If UNG goes below 9.8, it will be a good entry point

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