4/4/11

Technical patterns

Copper has been rising since last September and TLT tanked.

Copper peaked in February and TLT bottomed.

Copper declined since February and TLT kept rising in spite of Bill Gross prognostications.

What if Dr. Reich is right (see post below). This is exactly what the business cycle says it should happen.

A weak economy is followed by weaker commodities and lower bond yields (higher bond prices).

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked second best gold timer by Timer Digest

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