Posted by: sidster April 27, 2011
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At 2 PM eastern, Bernanki will give a direction to the Dollar, That will determine where Oil, silver and gold are headed for the short term. So far the airlines are doing pretty good since i posted it couple days ago. This could be a real rebound or just a short covering. Lets watch and see what Bernanki does at 2 PM today.
If he hints nothing on when the interest rates would be raise that is bad for dollar and the airlines stocks. But good for Oil, Silver, and Gold.