RE: RE: Anyone else hearing COMMODITY RALLY ?
I think there is some speculation that the US Dollar rally is over done and should start to decline soon. So people catching positions in their favourite oil & gold producers maybe ? My thoughts anyway.
When USD starts to drop Gold & Commodities go up again and there will be some interest. Only my second year in the market so maybe my take on it isn't all that accurate. Would love to hear from someone else.
Also, don't forget our friend the bear hasn't finished with this market yet... Remember to keep a lot of cash handy... I'm currently trading half my position with about 20% Cash when I can. I like to buy the over-position before I trade it so sometimes have to be overweight with no cash for a day or two.