
Darn!
I predict some more downside now that ECU has been painted to break the shot-term uptrend line. With the metals up lately, the manipulators have really put a damper on ECU. It's absolutely stupid behavior unless there's an agenda at play, and I'm definitely believe there is.
From my posts yesterday, I have two possibilites so far:
1. Murphy's Law ( the Bill Murphy effect).
2. There's a setup to take over ECU very cheaply.
Number 1 is just plain evildoers at work.
Number 2 could involve many stocks, not just ECU.
However, to provide a little balance, today was not a good day for most gold & silver stocks.
The Boyz may be losing control of the futures markets, but they're still going to make darn sure that Joe Sixpack won't make any money in metal stocks. The Boyz simply don't want anyone protecting themselves. No excitement allowed in this sector - move along, nothing to see here.
Terry