Wednesday, November 10, 2010

Commodity Volatility

We are getting the volatility that signals the potential turn of a trend, although I don't view this as the ultimate top.  We will likely chop around between the low 1200s and 1224 for the next few days before finding traction to the downside towards 1175.  I would not get caught up in the hype that is being fed by the media about inflation and commodities.  The buzz is getting too loud for it to sustain much longer. 

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