The impatient Euro ....
May be the first to be in the sweet 16 club: USD 1,600 gold,
USD 160 oil, USD 16 natural gas, USD 16 wheat. It looks like
China's Shanghai index is clamoring to join as well. For the
first time since hitting 6000 last October, the index made a
ominous dive below 4000 and could not muster the strength to
close above the technically significant level, trapping many
irrationally exuberant small Chinese investor.
Hello 1600 .... :)
Regards,
Albert K. Fung
La Brisas/Valle de Guadalupe, Baja California, Mexico.
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