Market Comment:
FED did what market expected. Short 1/4 of position. Wait until 3:00 before adding.
Stock: GDX, PWRD
GDX: FED move seems possibly gold bullish as there is no real talk of inflation fighting. Today is 1st day that GDX is out performing CEF. This change in behavior is important. Look to cover some of the short or all on a 60 min. buy signal.
PWRD: Don't add last $100k until last 10 min. of the day if the stock is going out at the high. Pay more you make more
Wednesday, April 30, 2008
Time 2:30
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