"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Tuesday, June 8, 2010

Alcoa H&S

Who knows what will happen on the way there as emotional markets rise and decline; but AA is going to around 8 bucks. So sayeth the measurement of this really scary looking Head & Shoulders top. Of course there is inflation, but not the kind of price inflation the commodity gurus would like.