Thrash Thursday

Thrash Thursday 2 22 7 8:42 am pt

This may be the beginning of a sell off.

Interest rates are rising around the world

as oil, gold and other commodities strengthen.

Gold had a major break out yesterday

heading for $800.

Oil is rising towards $65 resistance.

The Bank of Japan raised interest rates yesterday.

I sold all my margin positions.

I will stay long the alternative energy stocks,

especially FCEL until the Connecticut contract news.

BLDP is rising fast.

BRCM spiked today and I am out short term.

QCOM should freeze here for a while.

It may be time for some profit taking

as the 10 year treasury yield heads for 5%.