The Hedgies taking it in the ass

These basic materials are taking it in the ass today.... when this trend is over I'll be looking to Cherry pick.....

alcoa AA
cat= CAT
General cable BGC
anglo american plc AAUK
Posco PKX
companhia vale do.......RIO
allegheny tech ATI
USSteel X
potash corp POT
Freeport Mcmoran FCX
yamana gold -auy
foster Wheeler -fwlt

I suspect the reversal of this down trend on tuesday or wed.
We have to test one of the two lows... if we test the one from last week on monday... then we may test the other. on tuesday or wed.....

but there is many a slip between cup and a lip.