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Gold/Mining/Energy : Stillwater Mining , SWC (former PGMS)
SWC 18.000.0%May 12 5:00 PM EST
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To: Bob Howarth who wrote (1005)10/29/1999 5:08:00 PM
From: bobby beara  Read Replies (1) of 1336
 
Ha ha might be on to something, only time will tell, all the commod based stocks have been getting hit lately, while the equities have been rocking.

if you notice the market topped out about the same time as the CRB made a double bottom (7/13), now the CRB looks like it has run into resistance and is pulling back. So there are a couple of scenarios, a false breakout in the CRB and a return to worldwide deflation, or a retest of the breakout at 195 and a right shoulder on the CRB and a tremendous upleg in commod prices, there is a 6 year cycle bottom that many watch that came in 98.

In the 2nd case you will want to be up to your elbows in gold and platinum stocks -g-

(it was drew carey's neckline - not yours -gg-)
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