Menu Close

Basic Instinct

This is a syndicated repost published with the permission of Lee Wheeler On The Mark. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

The BPMATE (SPX Materials Sector BPI Index) is shaping up in a very similar fashion to May 2006. We are seeing nearly identical neg divs that led to a 17% selloff in the group.
The BPMATE is now at 81.52. As you can see, the 80ish level has proven to be a very high-risk place to […]

Join the conversation and have a little fun at Capitalstool.com. If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.

This site uses Akismet to reduce spam. Learn how your comment data is processed.