Ipso – I didn’t know we had met and were friends. 🙁 Your buddy living under a bridge because of his bad decisions is like me, except I own a cardboard box. 🙂
R640 – resilience, that’s sort of what we have – barely. Shares look like crap, pm’s drifting lower with the SM. Hard to even say we are bottoming at this point. COT’s have meant nothing over the past month.
I’d like to see what pm’s look like when rates rise and the USD falls at the same time, unfortunately it might look the same.