domingo, março 18, 2007

Wait and see

Click chart to enlarge
Chart courtesy of http://stockcharts.com

Gold fights but goes nowhere. But, sure, the bias still is bullish on the long run. Meanwhile, Copper is in all evidence catching up. It seems that is trying to reach the right price (see chart).

The USD may continue to go down but it will be a very tough process.

Meanwhile, the Dow and other even more important indexes like NASDAQ and SP500? Are they only correcting? We are indeed on a crucial juncture...
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