Wednesday, April 24, 2013

Rotation

I don't know how to say this in a catchy or sly way.

There is a rotation going on between tech and basic materials. From AAPL to BHP.
Out with the "safe havens", sell the PG's and buy the GG's.

There is fresh buying in the silver miners. CDE... SSRI.
\
GG.

MCP is sleeping. Dead.  Ready to rally.

Cliff may even rally as the inevitable shorts cover.

How can there be a recovery in the U.S. economy without a recovery in copper, steel, and of course inflation as the dam breaks on all of that money the banks have in reserve.......

And housing has a long way to go.....HOV ,   MTH

The shift is on....
The indexes may go sideways as this occurs..
They are averages after all....

gh

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All comments are appreciated as it will give me a chance to adjust my content to any real people who may be out there. Thank you. gh