1 reply to this topic

[Cirrus]

I thought these charts paint an interesting picture of things considering the Fed has raised so many times I lost track and our housing market is in a funk. I just don't see a major slump in commodity prices unless we get a major slump in world economic growth. I think the copper price recover even as the US housing market has slowed illustrates the loss of importance the US market plays on global commodities.



http://stockcharts.com/c-sc/sc?s=$GJX&p=M&b=5&g=0&i=p88124202439&a=91395171&r=736.png


http://stockcharts.com/c-sc/sc?s=$GYX&p=M&b=5&g=0&i=p88124202439&a=101096054&r=809.png


http://stockcharts.com/c-sc/sc?s=$GPX&p=M&b=5&g=0&i=p88124202439&a=101096319&r=363.png


http://stockcharts.com/c-sc/sc?s=$GKX&p=M&b=5&g=0&i=p88124202439&a=101095058&r=263.png


http://stockcharts.com/c-sc/sc?s=$GVX&p=M&b=5&g=0&i=p88124202439&a=101096255&r=389.png

Edited by Cirrus, 20 March 2007 - 04:20 PM.

[PorkLoin]

Nice selection, Tim. I like the look of metals and livestock, and even energy may turn...? Doug