I don't understand what the big fuss is all about this morning. Last week, we were all told that the Stalker predicted a retest of $890 / $900 for a week or so prior to moving up big to $1,240 or $1,260. I believe that it was Sinbob who spoke about the cup handle theory basically confirming the Stalker's claim.
So now that the POG is basically confirming last week's info, we're all concerned. Actually I'm hoping the POG drops a.s.a.p.
Don't forget the rise from $800 to $1,000 happened quite quickly, any further step up must be meet with a fair amount of consolidation.
What we should be discussing this morning is ECU's mill and when will we get to see thr PR confirming that the purchase is done.
Later