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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Secret_Agent_Man who wrote (281571)10/7/2010 1:59:37 PM
From: koanRead Replies (3) of 306849
 
The metals market really needed a correction, it had gotten way ahead of itself. Also, the computer trading programs play off of each other, so move like a school of fish or flock of birds.

Looking at the metals today, one will notice the dollar has had a dead cat bounce and the metals have always moved inversely to the dollar.

Put that all together and it makes sense and was needed to shake out the weak hands. Buying opportunity really, IMO.
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