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IDS World Markets Mon 6th October 08


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Added more at 114.65

 

Stop if we take out 110.

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I have a weekly support line at 109.60 Madness. No sigh of a turn here yet.

 

Aapl holding its own here. Looks to me like it could bounce. Tight stops here of course.

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Commodities R.I.P. as Leverage Vanishes, Growth Slows

 

By Shruti Singh

 

Oct. 6 (Bloomberg) -- Commodities markets are heading for the biggest annual decline since 2001 as investors exit leveraged bets and slowing economic growth erodes demand for raw materials.

looking good for a low here......

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Could commodes be the latest irrational bubble to be pricked?

 

Dot Con => Housing => Commods ?

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No white knight?

Oh boy.

 

The use of stops are key in these type of trading environments.  I highly recommend it for those currently holding long positions....like me.  :angry:

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Know the feeling stopped out of aapl here. But bought some Jan calls.

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