Posted this post last thursday 8-1-09 when PNA s/p at 22.5/23...

Posted this post last thursday 8-1-09 when PNA s/p at 22.5/23 cents.


"S/p now stalling on a/c copper taking breather back to $1.40-$1.45 lb and gold charts pegging back possibly below $800 again short term. Better buying opportunity here over coming weeks IMHO.

Put the seat belts on for the downhill run .... 18-19 cents next station people. Cheers to all the longs."

Expect dow to continue weekness remainder this week prior to confidence boost in market with new President next week. As expected copper coming off still and showing continuing weekness. Gold also took a big hit last night with charts calling it lower.

Further weekness in PNA s/p expected in short term.