last nights trading on the US markets was effected by option and future expiries and the relationship with the physical. While it went past the magic 10% technical correction number, the sub prime issue, and more importantly and what seems to be an even bigger threat is the securitiesd credit card debt.
My advice is be in a position to ride out the storm. if you have margin loans, give your selves more room to move as the volatility is going to get worse.
MPO is keeper
MPO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
