Copper and Hogs are entering the Watch List status and should be monitored for buy signals.
Hogs even if they are to have a counter trend rally offer about 9 cents potential which is quite a move.
Copper offer the potential of a mini collapse as prices are on their third try to break through their highs and should it fail this time you will have quite a few commodity funds running for the exits.
As of now I have no positions in place, but they need to be monitored closely.
Thursday, October 4, 2007
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