Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

The powerful uptrend line from the 2008 bottom in commodities and commodity currencies have both...

  • Monday, September 26, 2011, 10:12 AM ET
    The powerful uptrend line from the 2008 bottom in commodities and commodity currencies have both been broken at the same time, notes Barclays technical guru Jordan Kotick. It suggests to him the post-2008 recovery is over.
Track new comments on this story

This news story has 4 comments:

  •  
    It wasn't really a recovery…just the effect of huge injection of $$$. The underlying economic issues remained. Debt and defaults need to happen and be cleared before the economy (anywhere) can recover. The constant recapitalization doesn't fix the problems…just staves off the result for a while actually making the situation worse.
    26 Sep 2011, 10:16 AM Reply Like
  •  
    Recovery on the production side is all it was, consumption never recovered.
    26 Sep 2011, 10:23 AM Reply Like
  •  
    Wow!
    You just came to that conclusion?
    All on your own?
    Now tell the idiots at CNBC the stock market has been broken since the July high's!
    We are heading for the waterfall here folks!
    2007 is about to replay, the 2009 lows will be retested!
    Jerry
    26 Sep 2011, 01:48 PM Reply Like
  •  
    Will be worth watching for possible buy at much lower prices.
    8 Oct 2011, 07:53 PM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)
Latest Commodities Articles
More Latest Articles »