Commodity Prices

Gold •294 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	977.90	-1.70	-0.17%
WTI Crude •10 mins	62.46	+0.19	+0.31%
Gasoline •16 mins	2.085	+0.001	+0.05%
Ethanol •294 days	2.161	+0.000	+0.00%
Silver •294 days	30.82	+1.16	+3.92%

Silver • 294 days	30.82	+1.16	+3.92%
Copper • 294 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	66.32	+0.20	+0.30%
Natural Gas • 13 mins	3.003	-0.019	-0.63%
Heating Oil • 24 mins	2.131	+0.004	+0.18%

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Robert McHugh

Robert McHugh Ph.D. is President and CEO of Main Line Investors, Inc., a registered investment advisor in the Commonwealth of Pennsylvania.

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Weekend Market Newsletter

By Robert McHugh - Aug 13, 2011, 5:17 PM CDT

The rally the past few days is most likely a correction inside this stock market plunge from May 2nd, 2011. The recent crash was likely the third wave down inside this plunge. Wave threes are typically the most dramatic.