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Strategies & Market Trends : Natural Resource Stocks

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To: isopatch who started this subject10/21/2003 12:42:59 PM
From: jimsioi   of 108812
 
Looks like a test of HUI highs possible.

Looks like we might flirt with the HUI's highs of mid to late September before this burst of strength puts the indicators at the top of their respective scales. If the HUI runs true to recent form we ought to be seeing the day's highs here pretty soon followed by the flattening roll over.
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Dec Gold I notice did hit its head on $380 which is quite good in view of the fact that the dollar is not really down that much. Started the day with portfolio 32% in metals and think I'll resist the temptation to trade out or add at this juncture.

Did reduce by another third EENC position at $19.60...
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