AI
Wednesday, June 28, 2006 1:07:55 PM
Inflation around the bend?
Commodity prices have been increasing and yet the added costs of shipping have not seemed to be factored in? I have been seeing slight cost increases but not equal to the amount gas prices have risen. Once prices start to reflect the added costs of shipping due to increased gas prices it will be interesting if that ugly word Inflation starts to get mentioned?
I think we stay in a wide consolidation now until Aug/Sept but just Speculation. Let's say the current range 10800 to 11200 will continue to be tested. There will still be trading opportunities but profits should be taken at the band tests, JMHO.
Good Trading Everyone!
Commodity prices have been increasing and yet the added costs of shipping have not seemed to be factored in? I have been seeing slight cost increases but not equal to the amount gas prices have risen. Once prices start to reflect the added costs of shipping due to increased gas prices it will be interesting if that ugly word Inflation starts to get mentioned?
I think we stay in a wide consolidation now until Aug/Sept but just Speculation. Let's say the current range 10800 to 11200 will continue to be tested. There will still be trading opportunities but profits should be taken at the band tests, JMHO.
Good Trading Everyone!
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
