Some of my trader friends think I'm nuts but IMO market softness today contains an Ike concession. This thing could be a BIG problem.
Hurricane Ike
- Thread starter Pa(b)st Prime
- Start date
Anyone long ALL has rocks in their head.
I give Ike a 1 in 3 chance of hitting SoFla and at present strength it'll be the most expensive disaster in U.S. history.
I live in S. Florida and expect Ike to slam us next week. Lucky me, I'm a day trader with no overnight positions. Wasn't it great to be short today? This is the forecast I watch: http://www.nhc.noaa.gov/index.shtml
So, I'm making plans to leave but this could be bigger than Andrew in 1992 and that was big.
Shel
So, I'm making plans to leave but this could be bigger than Andrew in 1992 and that was big.
Shel
Ever notice how things like this hit the US everytime we dick around with pushing Israel to give up land for peace? It is well correlated, believe it or don't.
don't forget we give 1 billion to georgia because we are just so rich, i watch the gfs model and it is usually pretty accurate, IKE looks like it will take the same route as hannah.
http://www.wunderground.com/tropical/tracking/at200809.html
http://www.wunderground.com/tropical/tracking/at200809.html
The 11pm report will give us a good idea if we (West Palm Beach) are going to get hit in the next few days...my money says no and that it will swing north ...a good chance the Carolinas might get whacked...hope not.