NEW TRIGGER FOR RARE EARTH METAL STOCKS SUCH AS MOLYCORP (MCP)
Image via Wikipedia Our long term readers know that each trade must pass all six screens of the ZYX Change Method. This post describes the four developments that fulfilled the requirements of the trigger screen to short sell the rare earth metal stock Molycorp (MCP) on Feb 18. ‘¢ Sumitomo Corp. and Mitsui & Co. are planning a major venture to mine rare-earth deposits in Russia to compete with China. Assumption made by the bulls that Moycorp will be the only source of rare earth metals for Sumitomo is wrong ‘¢ The World Trade Organization has ruled China has no legal