Friday, February 8, 2013

Weekend Thread - Happy Chinese New Year


Sunday is Chinese New Year's Day.  I believe it is the year of the snake.  (No snarky comments about politicians.)  This is a time for renewal of spirit and positive vibes.  Since China is the most populous country on the planet that could yield some very good months ahead.  I'm keeping my fingers crossed.

Is this how hedges work?


Action has been fairly slow so far and that's just fine with me.  I expect traders are going to want to get out as early as possible today with the weather deteriorating.

Friday morning