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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (14902)	2/1/2013 3:59:49 PM
From: rayrohn	Read Replies (1) \| Respond to of 41404

I don't know how representative FCX is of copper and I actually have a down side target on FCX to about 28 which at the present time is not working out {Glad I am not in it short lol} but I wonder if it can run to 38 and fill that gap

To: skinowski who wrote (14902)	2/2/2013 8:56:52 AM
From: skinowski	1 Recommendation Read Replies (2) \| Respond to of 41404

Daneric, in his blog last night, is calling a top. Doesn't mean he is right, but that wedge sure does look suspicious. Maybe it's time to listen to bears. danericselliottwaves.blogspot.com Last chart is also interesting, where he is quoting Bernanke - the "sociopath". What Bernanke is not mentioning in his rationalizations of his mad printer policies is that he is also trying to - actually - fan inflationary fears. Fears that the dollar may decrease in value, or even become worthless. Why? Because such fears would ALSO encourage individuals and corporations to start spending more. The point he misses is that he is not fooling anyone. In order to work, inflationary fears MUST be real. He is playing with fire. He would have no control over them. The Fed head really IS bad news.