18 May 2012

Emini Trading Update – Friday 18 May 2012

Emini Trading Update – Friday 18 May 2012 (8:43)

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Well what a week. And what do we call FB now? The FB Fizzle. The FB Fiasco. Can’t wait to read my feeds this weekend. Anyway, rushing to get this out.

Link of the day …

Shocking, allows people to get away with fraud: Chris Whalen on RT’s Capital Account.

And something I didn’t realize until now: Jim Rickards and Chris Whalen are both at Tangent Capital Partners. Jim Rickards is my current favourite currency commentator (along with John Taylor). Rickards is long term Bullish on the Euro, while Taylor is short term Bearish. The counter-intuitive Bullish Euro position appeals to my contrarian nature. Wouldn’t you love to be a fly on the wall at one of the Tangent strategy meetings?

Thinking of Mish …

Lastly, very sad news that Mish Shedlock’s wife has passed away of Lou Gehrig’s Disease. If you don’t know of Mish you should – he has one of the best alternative media financial blogs. A great alternative to ZeroHedge if you don’t have time or ZH is too technical. So sad. Thinking of Mish.

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