103108: In the week prior to the US election the commodities remain well contained within the downward trends established last quarter. The US dollar is continuing to enjoy the rally that was established in the summer - however, the move lower in many commodity markets is looking a little old. This week in particular we look at Wheat. While it is not a buy currently, shrewed commodity traders will notice this market seems to be running out of bearish steam.
That's all for this issue of the WCTS Spotlight,
Brian Beamish FCSI
the_rational_investor@yahoo.com
http://www.the-rational-investor.com/
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