next big bull ===> DBA

Discussion in 'Trading' started by mikeenday, Aug 24, 2011.

  1. mikeenday

    mikeenday Guest

    got in now, still early.
     
  2. noone3

    noone3

    sounds interesting
    what is your reasoning more or less?
     
  3. Doesn't look too compelling to me.

    Early?

    Should have been owned in 2007. Note the low volume and......what happened when volume exploded, Psst, it's called distribution.


    Base was in 2009. Trend up was a year ago. At resistance, Been there awhile.


    Money is made from price movement not cock n' bull stories.
     
    • dba.jpg
      File size:
      143.2 KB
      Views:
      91
  4. You may be right but it may take a year. US wants to increase commodity prices according to John Lekas of Leader Capital so to bring China to its knees:

    http://t.co/HnWtyix
     
  5. mikeenday

    mikeenday Guest

    GOLD bubble will take couple month to get re-flated.

    money has to go somewhere and the new place is in ZC/ZW/ZS/SB/... ===> DBA