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发表于 2011-9-20 11:30 PM
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Yao da, it's not easy to interpret how copper leads SPX in certain circumstances. But when SPX makes lower low while copper failed to do so, it looks a good chance of a significant bottom, which unfortunately is not the case here yet.
I am afraid the markets will repeat Dec. 2007, in which the copper formed a double bottom when SPX tried to break up instead. After that, copper bounced back while SPX sold off sharply and then recovered some. A few months later, both of them crashed to deep abyss.
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