XJO 0.10% 8,214.5 s&p/asx 200

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    Now... this may seem a bit 'left field', but worth considering.

    In all of recorded history, an eruption of the Iceland Volcano Eyjafjallajökull is usually followed fairly closely by an eruption of its bigger, deadlier brother, Katla.

    I can remember Jim Rogers, a commodities trader I have a huge anmount of respect for, raising this when Eyjafjallajökull erupted last year.. here's the link to his original warning..

    Watch this space - Katla

    Interestingly, it never blew. Until now.. we have some rumblings...

    Katla showing signs of imminent eruption.

    Black Swan events are not predicted on charts (ok, I know folks will argue here - possibly Cyclic's and SF's style of TA predicts them, but not the day to day TA most of us do here)... If this goes, well, look, I think it's worth considering and keeping an eye on folks. It's a very nasty volcano.. Long Overdue - last major eruption 1918.

    If you're a commodities trader consider going long commodities that have a Northern Hemisphere focus if this one lights up.

    doc

 
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