Well TCK.b just broke a two month channel bottom and fell all the way to the Oct/11 low. Might find support there. And that stock is a reflection of Copper and Coal. But FCX is sitting right at its bottom of a two month channel at 31.20 and holding. Almost bought it this morning when it was testing it there but decided to let it slide when TCK broke down. It tends to lead Copper and Copper tends to lead the economy so the story goes. Not good signs. And August is historically one of the most bearish months of the year with stocks. With option expiration on Gold tomorrow I don't trust the rally today at all. I'll likely miss some action but no action is better than losing action for me.