***EZM responded to Jim Cramer's bearishness today closing lower at -3.75%, perhaps it was due to copper having a short-term crash their giving the long speculators a heart attack, especially those who bought it at $3+ (right now a fraction over $2.88/lb)! Consider coppers weakness and Cramers' bearish call (if that's correct), I haven't seen a link yet but I believe Modern Rock cause he wouldn't seem to care much if it weren't true.
Either way it closed down today -3.75% at $2.31, but up from the $2.27 open, +.04 or +1.76%, not too bad of gain, surely outperformed the QQQQ gain of +.96%... but intraday it was still down and rightfully so, we'll see, I still think it'll see further records and $3+ by the end of the summer easy in my opinion if the bulls are going to continue to dominate this issue!...