The wiseguys would like to take the equity markets up a little higher in order to short them. The problem they are facing is that most of the non-professionals are sitting this action out.

The metals markets are meaningless in the short term, given the corruption in the trade that pushes prices around the plate without any respect to genuine price discovery.

Today's 'rally' after Wednesday's 'decline' is a perfect example of the action in these markets that is more phony than prescient.

Don't feed the sharks.

Your most powerful weapon is your refusal to participate in this sham.

By Jesse

http://jessescrossroadscafe.blogspot.com

Welcome to Jesse's Café Américain - These are personal observations about the economy and the markets. In plewis

roviding information, we hope this allows you to make your own decisions in an informed manner, even if it is from learning by our mistakes, which are many.

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

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