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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (50574)5/4/2006 6:36:11 PM
From: TimbaBear  Respond to of 116555
 
I think 85 gets blown through and we get a double-bottom test at 80-ish. To me, if that double bottom does not provide support, look out!

Either way, commodities appear to continue to do well.

Timba



To: Broken_Clock who wrote (50574)5/4/2006 9:57:27 PM
From: LLCF  Respond to of 116555
 
I would think by the time it hits down near 80 it'll be VERY oversold and will bounce, maybe for months... and that'll be the correction in POG too I would think.

OTOH perhaps we just have one GIANT MCHVE!!!!!!!!!!!

DAK


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