Comments on: Toppy action in dollar index, another rally in stocks coming?

By: fireboy and watergirl

fireboy and watergirl — Thu, 08 Sep 2011 08:54:32 +0000

I like this site it’s a master piece! Glad I noticed this on google.

By: TwoBuckChuck

TwoBuckChuck — Wed, 02 Jun 2010 22:55:13 +0000

Nice cover, $3.00 seems to be the line in the sand for copper.
fwiw, I agree with your short term assessment on stocks, also cautiously bullish.

I’m just using commodities to play the bounce, they got creamed with the recent sell off.

By: Mike

Mike — Wed, 02 Jun 2010 22:44:49 +0000

Yeah, of course. I actually closed my copper short at 3.01 today. Look at summer-fall 2008, though — stocks had their rallies, but copper & other commodities went almost straight down.

I’m cautiously bullish stocks short-term — I’m still a huge bear.

By: TwoBuckChuck

TwoBuckChuck — Wed, 02 Jun 2010 22:41:08 +0000

If you overlay the copper chart onto the S & P you’ll see a near 100% correlation. (This is off the March ‘09 lows).

If you are bullish on the S&P I’d be careful with those commodity shorts.

By: TwoBuckChuck

TwoBuckChuck — Wed, 02 Jun 2010 22:40:30 +0000

If you overlay the copper chart onto the S & P you’ll see a near 100% correlation. If you are bullish on the S&P I’d be careful with those commodity shorts.