Thursday, September 1, 2011

Floating the Pigs

I mean the US indices, floating the PIGS, not Europe

Euro has moved down considerably, Dollar moving up.    Indices trying to hold their new "permanently high plateau" (anyone get that joke)

Copper has broken it's up channel and testing the bottom of the B177 multiple times.   See chart

And they are floating the indices.  For now, I expect a significant drop.  On or shortly after the 3 day weekend!

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Insightful and Useful Comment!