As a deflationist, I have a strong leaning towards being short more than I am long at any time. Problem is at the moment, there seem to be so few markets worth taking a long position in, because I've missed the boat mostly, and I feel a bit vulnerable when I get late pops like yesterday's energies did. I considered picking up some currencies and T bonds but decided against it on the grounds that I'm not totally convinced this setback for DX is anything more than that. Damn the 50dMA since these things can be taken with a pinch of salt during such thin trading in my book! If I'm wrong, I'll be paying the consequences of course...

I'll give rbob/euros/coffee until tuesday's close before I decide to throw in the towel there. THing is, if I DO pull the plug, it seems too late to buy anything?

Any thoughts on this $5 gas cry I keep hearing about? If it went there next week, I'll be having my own account wrecked moment to be sure... We are talking a price from 2.43ish to double at no less than $42k per handle and this is my first trade in rbob to boot Ugh! The other two I'm only slightly underwater on, so not too worried. I'm itching to re-short gold, but I'm a bit concerned about being 4 lots short of a DX shackled situation, and the stock market hasn't been going anywhere of late.