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<p>[QUOTE="V. Kurt Bellman, post: 2167694, member: 71723"]That is what a number of technical analysis graph watchers say. $15.43 is the historical low on the 5-year chart, and they think if we break below it yet again, the "support" will be broken and the floor is well below. To me, it's all hocus pocus. Commodities are, in the final analysis, moving based on supply and demand, not by which way a chart or graph wiggles and waggles.[/QUOTE]</p><p><br /></p>
[QUOTE="V. Kurt Bellman, post: 2167694, member: 71723"]That is what a number of technical analysis graph watchers say. $15.43 is the historical low on the 5-year chart, and they think if we break below it yet again, the "support" will be broken and the floor is well below. To me, it's all hocus pocus. Commodities are, in the final analysis, moving based on supply and demand, not by which way a chart or graph wiggles and waggles.[/QUOTE]
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