Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: FCom777 who wrote (37090)	8/29/2012 11:01:39 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 218507

Yes, the sell wiggle is still intact, the buy wiggle potential is no longer in play... GZ

To: FCom777 who wrote (37090)	8/29/2012 11:07:26 AM
From: Keith Feral	Read Replies (1) \| Respond to of 218507

I don't think there is any reason for commodities to be touched any time soon. The plunge in iron ore prices is beginning to have a broader impact on commodity names, which will strengthen the dollar and take commodity inflation out of the way again this September. It's never a pretty month for commodities - ag prices fall once the harvest begins and energy prices fall as summer prices are switched back to winter prices. For now, Bernanke can sit back and let the pain from Brazil, Australia and other commodity currencies roll over again this September. He doesn't need to do anything with new policy any time soon. Brazil is lined up for another 50 bp rate cut to 7.5%. Rates seem way too high for 2% growth in Brazil.