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Strategies & Market Trends : The Swamp -- Ignore unavailable to you. Want to Upgrade?


To: Eva who wrote (278)8/5/2008 11:08:26 PM
From: SwampDogg  Read Replies (1) | Respond to of 491
 
The difference with this selloff in the PMs is that the big money knows that the financials are hosed. This PM market will be bought with both hands and then it will be run to kingdom come for years to come. This period is one last test before this market releases.



To: Eva who wrote (278)8/5/2008 11:09:20 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 491
 
I don't think we know enough at this pt to determine if this is a sharp correction brought about by the liquidation or rotation out of CRB related issues or if it's the start of a much deeper deflationary wave.

Anyone w/lots of conviction here of the outcome doesn't have enough fear yet imho.