“The Dow is looking pretty bearish,” says Abigail Doolittle, of Peak Theories Research, adding that FCX recently made a bearish “death cross.” Here is a direct link.
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Cory’s Chart Corner
“The Dow is looking pretty bearish,” says Abigail Doolittle, of Peak Theories Research, adding that FCX recently made a bearish “death cross.” Here is a direct link.
Cory’s Chart Corner
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Yes. Without QE3, there seems to be more downside than the upside. Not comfortable going short myself, I am taking a small bet on JFT’s IPO. My 2 cents. (soon to be 2 nickles) JW, Vancouver
Loved JF ….. did not like what he did post crash ….. personally I would not pay a, up to, nine percent premiun on a closed end IPO no matter how good the manager was.
Now he must prove himself without the backing of in house agressive young analysts during a commodity boom.
Running a market neutral porfolio in a flat market generally benefits the house while the punter pays.
We shall see.