Wednesday, May 16, 2007
Quick check up on day's events
This is the kind of obnoxious activity that makes one ask "are the crooks in control?". It is also part of the makings of potential capitulation to paper's upside, gold's downside and the feeling that "they" are in total control. Really, it's all just excess both to the up and to the down. That knowledge should not inhibit risk management, but it should be in the investor's tool box none the less.