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Strategies & Market Trends : Natural Resource Stocks

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To: Jim Willie CB who wrote (3448)11/17/2003 4:18:51 PM
From: jimsioi  Read Replies (2) of 108706
 
The tie between most markets...

Pretty good indication today that markets march in at least rough lock, today as we witnessed the fall off in metal prices, commodities and the general equity market...

Rather like somebody pulled the plug on the whole affair..Gosh $400 gold appeared to be almost a done deal, until today's reminder / smashing. The HUI dropped hard with everything else, bounced back and faded at the end, leaving it on what now appears to be on somewhat shaky legs with a 220-212 trading range shaping up.

siliconinvestor.com

Curl overs in a number of trend indicators among the CRB parts occurred....for the CRB itself, for gold and in silver which has a most divergent trend indicator to price....Copper flat out broke down...

chartingyourfutures.com

Asian markets hitting the skids...

Popular China tracker, CHN, found support at 34.....the very high premiums of about a week ago suggested the happy ride was over for a while....(happily long gone that lot)...
siliconinvestor.com

Hardly the best of days....whose portfolio made new highs today....????
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