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Pastor Timothy Neptune ~~ Steven Meyers

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Written by Steve Meyers   
Monday, 08 February 2010 15:05

Market doesn't act very good. Anyone who took the short treasury trade, just put in a breakeven stop in case we get a sharp equity selloff. We then can hopefully reenter closer to the 120 area. (if we get stopped out)

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scott |110.173.236.xxx |2010-02-08 15:50:15
steve, makret action looks weak as ever, think the market will plateau, fall, plateau..fall. we are moving to the bear. would suggest everyone does not short treasuries for a month or so, nice opportunity coming. greece wont be bailed, europeans want the euro lower. seen as a perfect storm for them to get it down.
tom |72.201.48.xxx |2010-02-08 16:59:03
steve, thanks for your updates...I appreciate them greatly

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The statements, opinions and analyses presented in the articles and newsletters on this website are provided as a general information and education service only. Opinions, estimates and probabilities expressed herein constitute the judgment of the author as of the date indicated and are subject to change without notice. Nothing contained in this website is intended to be, nor shall it be construed as, investment advice, nor is it to be relied upon in making any investment or other decision. Prior to making any investment decision, you are advised to consult with your broker, investment advisor or other appropriate tax or financial professional to determine the suitability of any investment. Neither GrainBelt Commodities, LLC. nor Steven R. Meyers shall be responsible or have any liability for investment decisions based upon, or the results obtained from, the information provided.