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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Taikun who wrote (43140)2/13/2006 7:18:31 PM
From: Canuck Dave  Read Replies (2) | Respond to of 313017
 
Yeah, the energy complex has collapsed too.

Was just looking at the natural gas chart. It's pretty ugly if you're long.

Ultimately, it's a good thing as the hot money has vacated for a while. Gold has gone from way overbought to way oversold in 4 short trading days.

Maybe the market is anticipating a global slowdown, but my money is on a shift of aggregate demand and real competition for increasingly scarce resources.

Maybe yes, maybe no, as they say. Place your bets.

CD