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POWERSHARES DB BASE METALS FUND (DBB) - A Leader ?
Tuesday, February 23, 2010 - 9:46am | 279From 1/06/2010 to 2/05/2010 the share price of PowerShares DB Base Metals Fund ( DBB:NYSE ) dropped 6.47 points from 23.94 to 18.47 . Then, in the period 2/05/2010 to 2/19/2010 the share price retraced to 21.57. This value is a retracement Fibonacci sub-level where a reversal would occur if...
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AMR Corp (AMR) - Control has been Lost
Friday, February 5, 2010 - 10:10am | 165The daily chart of AMR Corp (NYSE: AMR) shows that the minor correction is over and that the "pilot has lost control" and the steep dive has been resumed. The entry point in this short trade was 8.10 . With the close in the last session of 6.92 the paper gain is 1.18 per share. The initial target...