BullBear Trading: Stock and Financial Market Technical Analysis

Oil and Copper rising per Steven Vincent's projections!

Great calls on Oil and Copper, Steven. They are both going up nicely.

Here's some news on copper:

http://www.bloomberg.com/apps/news?pid=20601116&sid=aqB0uSBjCMdY

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Comment by BullBearGirl on October 21, 2009 at 10:17pm
Yes, the stock market does look pretty tired.
Comment by Steven Vincent on October 21, 2009 at 9:38pm
Yes we have had a spectacular run in Crude and a nice bump in copper. However, I think it is possible that we may see a reversal. We need to be alert and cautious. I don't like how the stock market is trading and if we start a robust decline (very possible) then commodities may decline along with stocks. I would take some profits in crude and move your stop on copper up to break even. It may be time to get long the US dollar soon (but not yet). I will try to post an update on all trades soon.

Thanks.

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