from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Last weekend, in my Market Forecast, I wrote: "For the new week, the market looks strong and ready to break higher. SPX should look to push above 950, although it may see some resistance around that level. Nasdaq can easily punch through 1800, above which [...]
Daily Archives: June 7th, 2009
BDI Falters
June 7, 2009 – 5:52 pm
The Baltic Dry Index has now fallen significantly for two days in a row, putting us down more than 10% from its high last week. BDI is a streaky index, almost behaving more like an integral of a boolean function than a quantitive measure. BDI rises when the shipping industry perceives that there are more [...]
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_6.gif)
