Crash on LME

Discuss Crash on LME at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; hi friends, the metal space has crashed heavily on LME. Beware of all metal stock ...


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  #1  
Old 6th January 2007, 09:20 AM
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winstonn is on a distinguished road
Default Crash on LME



hi friends,

the metal space has crashed heavily on LME.

Beware of all metal stock on our market.
Gold and crude are dipping very fast.

Thanxs
Winston

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  #2  
Old 6th January 2007, 10:28 AM
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winstonn is on a distinguished road
Default Re: Crash on LME

hi people,
my view is that

590 $ market can turn from these levels.

weekly close below 575 $ is a major cause of concern.

daily closing above 625$ is a very good buying opportunity.

reason for break is triangular corection and inverted head and shoulders.

so, nothing to worry much.

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  #3  
Old 6th January 2007, 10:29 AM
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Default Re: Crash on LME

it's for gold

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  #4  
Old 6th January 2007, 01:08 PM
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Default Re: Crash on LME

Not only Gold most of the metals hav had a sharp cut. not to forget May 06 correction began with metals meltdown.

Thanks

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