Monday, March 7, 2011

Copper Soybeans and the Nasdaq, what do they have in common?

Answer---technicals to answer to.

Copper and Nas (NQ futures) have nice channels. These seem to say "more upside", but how can you second guess a contrarian?

Think of Big Ben, Dabama, and Timmay. Hank already got his, but how about these guys? They put a lot at risk, and perhaps they know they are losing the economy game, how are they still going to "get theirs". They can't plan and control everything, but they sure can be like pigs searching for truffles....they will find them no matter how many acres of pristine watershed forest need be turned to do so.

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Insightful and Useful Comment!