Monday, October 13, 2008

major volatility

Well after seeing the American markets rally yesterday the Canadian investors who had a break due to Thanksgiving should do their best to push the TSX up. It'll be an interresting morning for day traders, I'm looking forward to it.

Metal prices have also gone way up, copper alone is up almost 12%, not too many times you'll see that in a day, nickel is up 7.5% while lead is up 6%. Good ol' fashioned "dead cat bounce". Watch for some majors to follow the extreme volatility of their respective commodities.

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