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RANsquawk Market Wrap Up - Stocks, Bonds, FX etc. – 05/10/10
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Short oats tomorrow. Looks like the coffee buy recommendation worked beautifully today. Basic concept here is to take advantage of the largest swinging major commodity, yesterday coffee was down the biggest %, rebounded solidly today, the idea is to take the profit intraday. This happens pretty frequently. I do it mostly using just ETFs, easy and quick.
Canuck buck, it's over .98.
All short tommorrow. The world doesn't run on well wishes and handshakes.