Well BrookeCE, ENT is not the only dog....The whole sector looks very bearish with many names down to 2007 lows. This is rather disconcerting & confusing given the powerful bull for the last 5 years,which is mainly engineered by money printing. One would have expected that commodities will join the party of asset reflation .....Strangely enough ,it is not the case.....What will happen when the Fed stops the printing process....Some say that the economy will be self sustained without life support. I firmly believe that China is Commodities God....The Shanghai index is as bearish as BHP.....There is more than a link.....You can say they are joined at the hips. I gave up on preempting major macroeconomics...No one gets it right....Rather concentrating on technical signals for various markets ,sectors & individual stocks....This works for a little guy like myself.
