Agree about oil which will give a relief to the inflation fears and slowing growth - but on probability with iran, lebanon, the hurricane season and already tight supply -I don't think we will see a large drop in oil prices in the next couple of months. Without that as a potential catalyst for stocks moving forward I don't see the positives for the market coming from anything else... just my thoughts. I think there will be a last shake out in the next couple of months which will give a great platform fot the next bull leg- anyway I hope that's how it plays out! Can't wait to load up on BHP and Rio if it drops during this time.
eman
I too have shorted OXR numerous times - should copper falter i'm in!!
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