bearish action last few hours, page-47

re: chart of zinc It is China AND India. These populations are many multiples higher than the prior examples you glibly cite have repeated this cycle before. They are nothing like this cycle in scale. Apart from my own observations I will take Chip Goodyears view that metals prices may not rise much further but can be sustained for many many years to come. in fact he believes we are two years into a ten year cycle.
We will continue to have a series of short term corrections like we've had throughout this year but ultimately they were just opportunities to go long.
Looks like another money making day for trend followers and a day of annoyance for the fearful.