Today’s Call: Copper price to Fall. Currently $4.00 / lb
Rationale – Copper is currently in a large oversupply and with news of a European Debt Crisis and a further slowing economy copper will continue a slow trend downwards.
Result of Call for May 19, 2011: Linkedin Corporation to Fall. Was $104.25. Currently $94.45. Good Call
Calls to Date: Good Calls: 21, Bad Calls: 14, Batting .600
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Today’s Call: Linkedin Corporation (LNKD) to Fall. Currently $104.25.
Rationale – Linkedin IPO has rocketed on its debut today without anyone shorting it or selling put options, allowing private equity and day traders to cash out on the way up.
Result of Call for May 16, 2011: Euro vs USD to fall. Was $1.41104:1. Currently $1.42512:1. Bad Call
Calls to Date: Good Calls: 19, Bad Calls: 13, Batting .594
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Fresh ideas on Economics, Monetary Theory, Politics, and Less Pressing but Equally Entertaining Matters for the English and Spanish speaking worlds
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