Archive for September, 2009
Copper: Topping Out and Rolling Over?
Copper futures may be rolling over. The contract hit a 10-month high just under 300 in August and dropped into a triangle pattern. It tested resistance three times, with the latest buying spike occurring last week. Sellers stepped in after each attempt and knock the contract lower. The general rule with triangle patterns is, three [...]
Stocks Near Expiration Strikes … And An Apology
I apologize for the lack of On The EDGE entries in the last few weeks. I need to submit the final draft of my book to McGraw-Hill on October 1, have been editing 6-7 hours a day and still managing to update HRE, do my newsletter and get off a few trades. Let’s just say [...]