Jump to content



Photo

Copper in Crapper.


  • Please log in to reply
1 reply to this topic

#1 nimblebear

nimblebear

    Welcome to the Dark Side !

  • Traders-Talk User
  • 6,062 posts

Posted 04 January 2007 - 09:49 PM

OK

OK


Its interesting to see the dollar rising now that commodities in a steep decline. This much of a decline points to a possible global recession. Temporarily that money seems to be going into the dollar.

I wonder how long the equities in the US can keep rising. IMHO If oil starts to really tank, say a couple more dollars, then really drop, I would say that would put a nail in the coffin for US equities.
OTIS.

#2 da_cheif

da_cheif

    Member

  • Traders-Talk User
  • 10,960 posts

Posted 04 January 2007 - 10:44 PM

copper mite have bottomed at 254 and ready for a blast to 500.......dennis gartman sez copper will never see 400 again in our lifetime.....i like dat......snort