Wednesday, December 16, 2009

Inte, FED and weather

Intel has been sued by FTC for monopoly which will hurt the stock. If it drops below 19, I will buy 200 shares.

Federal reserve will make their decision this afternoon. I did some predictions two days ago. The market's reaction will be muted. Fed is overall dovish.

Weather is experiencing a cold front and will support oil in short term. Natural gas is moving up too fast. I sold UNG yesterday @ 10.20.

Everyone is looking for year-end rally. The market usually disappoints in this situation.

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