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Tables & Charts for Friday, Mar 11th, 2011 Posted: 11 Mar 2011 09:02 PM PST |
Bill Cara's Blog for Mar 11, 2011 [See Post-Close report] Posted: 11 Mar 2011 04:00 AM PST CTA Trading Desk Morning Report As yesterday morning unfolded, I became very concerned that the market could evolve into another Black Monday (October 19, 1987) style crash episode. Judging from the various market actions overnight, it might yet happen. I do expect further losses, particularly in the precious metals market, over the next couple weeks as the US Dollar strengthens. Accordingly, the bulk of my client accounts are now at about 75% cash and many are at 100%. Following the close yesterday, Patrick helped prepare you for today: This posting includes an audio/video/photo media file: Download Now |
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