A commodity frenzy smacked the indexes around today. Gold bulls, the bottom of the trading animal family, joined with oil and ags to help raise the inflation flag, convinced the Fed will keep on plowing money into the financial system. Even if they do not, the demand, the demand, the demand. Commodities today seemed much like the first day of stock trading in 2000. Basically it was just a matter of buying in January because stocks would be up at least ten percent by December 31. Well, we know how that ended.
Tags SP500Mch 1465.75 NQ100 2091.5 STI D
