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Thursday, 02/04/2010 1:02:42 PM

Thursday, February 04, 2010 1:02:42 PM

Post# of 2315
Looking ugly here today. No surprise due to the entire commodities sector in a major sell-off. Thinking we're stuck in a channel, with even more downside possible at this point considering all the negativity in the Eurozone and relative strengthening in the dollar.

While I think long term we should still be in good shape, I really hate these huge price drops in the metals which translates into even larger drops in related stocks. I'm getting flashbacks of the second-half of 2008.