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Monday, 02/27/2012 1:03:58 PM

Monday, February 27, 2012 1:03:58 PM

Post# of 784
Metals Not Confirming Market Strength


The metal stocks have stalled and fallen sharply over the last few weeks, not confirming the market strength. This has to be a warning of possible economic weakness in the coming months. Look at the iPath Dow Jones-UBS Copper Subindex Total Return ETN (NYSEARCA:JJC) . This topped out in mid January and has since chopped sideways while the markets have gone higher. In addition, stocks like United States Steel Corporation (NYSE:X) topped out weeks ago and have been pulling back. ...Continue reading here: http://bit.ly/AghlGK

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