Bob'29

Wednesday Outlook: Commodities, Global Markets

According to Tradingmarkets.com's expert at back-testing and quantifying market move's: Of the 58 times the market has been this oversold; it has rallied strongly within a few days 89.9% of the time. Also stated; There is a likely small cap liquidation by a large or several large hedge or mutual fund companies as determined by the number os unrelated small cap stocks that are getting trounced. When this has happened in the past small caps have rallied 20-30% within a few days. Position for the oversold bounce from these extremes!

Is the Commodities Bull Market Over?

go to Kitco.com for an interesting analysis of gold and silver prices. the author notes that prices have fallen to August lows which was a breakout of a multi-year cup and handle formation. We're back to the "cup" or breakout point... a good place to enter.