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PowerShares DB Base Metals Fund ( NYSE:DBB ) - Midday Update
Wednesday, March 3, 2010 - 2:08pm
The shares of PS DB MultiSect Met (NYSE: DBB) or PowerShares DB Base Metals Fund (NYSE: DBB)may have reached the top for this up leg at 21.85 . Since the high the share price had retreated to 21.59 . If the top is in and it seems likely since 21.85 is a F0.618 retracement of the fall 23.94 - 18....
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PowerShares DB Base Metals Fund ( DBB:NYSE ) - Not Yet !
Wednesday, March 3, 2010 - 7:26am
The shares of PS DB MultiSect Met ( NYSE:DBB ) or PowerShares DB Base Metals Fund ( NYSE:DBB ) did not reach the target level [ Close below 21.02 ] [A] and therefore it is time to reexamine the chart for a possible entry level for a short position. In the last session the share price reached a...
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DBB - A Candidate Once Again
Monday, March 1, 2010 - 3:41pm
Time to look, once more, at the shares of PS DB MultiSect Met ( DBB:NYSE ) or PowerShares Base Metals Fund ( DBB:NYSE ) as a potential short candidate. Previously it was a short candidate at 21.10 and the price objective was 19.71 . The share price reached a low of 21.02 where it reversed when...
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DBB Continues to Lead the Way Down
Tuesday, February 23, 2010 - 8:58pm
The charts of the S&P 500 Index ( $SPX:NYSE ) and Power Shares Base Metals Fund ( DBB:NYSE ) , ignoring the difference in value, are almost mirror images and for that reason I believe that DBB is a Leader of the $SPX. As I suggested, this AM, the shares of PS DB MultiSect Met ( DBB:...
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