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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 695.40+0.5%4:00 PM EST

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To: GROUND ZERO™ who wrote (31363)4/26/2012 3:17:07 PM
From: FCom7771 Recommendation  Read Replies (1) of 222785
 
What are your (or anyone else's) thoughts regarding the possibility of contra seasonal price action in the metals this year? I know GZ will say he will just follow his system ... which is probably the smartest answer.

We never really did get the big rally into the April May time frame that normally sets up the price declines that usually bottom out in July/Aug ... so either we are setting up for a contra seasonal price rally or perhaps its a signal that metals are so weak that the normal summer price declines could be a doozy this year.

I personally think odds favor contra seasonal price action but that could well be wishful thinking ... nothing would surprise me though ...

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