Recently we got the opportunity to sit down with Mr. James Mound, the head analyst for Mound Trade Signals and author of the book 7 Secrets Every Commodity Trader Needs to Know, for a one-on-one interview. Mr. Mound’s 2010 Mega Commodities Forecast was released on January 5th and with it came scores of comments about his dramatic market predictions. In this interview we will look to ask the pressing questions about Mr. Mound and his forecasts. Please enjoy, feel free to comment, and check out his 2010 Mega Commodities Forecast here.
Trader's Blog: James, thanks for sitting down with me today, and if you don't mind I'd like to jump right in. On January 5th, in your 2010 Commodities Forecast, you said:
“I see a lot of signals pointing at a few weeks of bullish commodities here in the first month or so of the year…. This could be enough to get oil on a two to three week bull run to set the high for the year…. This is when I recommend jumping short.”
What made you call the top with such specific timing and where is it going from here?
James Mound, Mound Trade Signals: First, thanks for having me here today. The underlying factor in oil Continue reading "2010 Commodities Forecast, an Interview with James Mound"