At the end of a previous post was this bit for any of you traders out there looking to scalp the rally built on sentiment, hope and a naive desire for renewal in a burst of 'yes we can... together we can make a new tomorrow' silliness."Here is one tool that can be used if you are a high wire act looking to bleed every last cent out of the rally. The DBC commodity ETF has not come to target yet off of the nice bottom pattern. There's the target. Me? I'll sit this one out, do some more profit taking and then get ready for a nice, relaxing (relatively speaking) summer awaiting the future opportunities that are likely to arise in abundance."
DBC is yet another play coming to target. Things are going to script and I am a bear. Just not actively, yet.
Edit (8:30) Speaking of DBC, an etf that includes agro, let's note that DBA, the pure agro etf - previously highlighted in NFTRH - has come to target. And then consider this: Why Jim Rogers is Betting the Farm. Are people still listening to this guy after last year's tragedy? Sell signal.
