Metals and Mining Reversal Taking Hold?The CappedDiversified Metals and Mining Index was up today 51.85 or 3.87% and thiswas near the high of the day which is a bullish indicator for acontinuation tomorrow.
Why? Are we seeing some globalfundemental changes that warrant the reversal? Are metal pricesstablizing or rising? Are fears of an Asian slow down subsiding? Oilprices backed off. Economic reports in the U.S. are still improving.Quarterly reports are strong. Are there other factors supporting thisreversal? Just how strong is this reversal?
