I bought 3 positions from 18.36 to 11.70 and I sold at the open on Tuesday. The way the markets are trading right now I had to go to cash.
Will the markets hold ground at Friday lows or break them?? If they break the lows then the Dow could get to 6,500 and the S&P 750. (Black Monday 10/20/2008?)
Good luck all, I will be watching from the side lines.
There is something I came across the other day and it could change my option on the future of copper. I have to do more research on it to be convinced. I will give you a hint, there is something that MAY produce 100,000 gallons of ____ oil per acre per year.(No pollution to the earth) Compared to 20 to 30 gallons of ethanol made from corn per acre per year. If that comes true the combustion engines will continue to rule the world.