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Strategies & Market Trends : Strictly: Drilling II

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To: gold$10k who wrote (25556)1/14/2003 3:42:14 PM
From: jimsioi  Read Replies (1) of 36161
 
valuetrader, right behind you - raising cash

Why it looks like PM miners melt down today.
HUI look ugly
charts-d.quote.com:443/1018861607910?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:HUI.X&Interval=60&Permission=314410&Ht=400&Wd=600&Display=0&Study=&Param1=&Param2=&Param3=&FontSize=10

Down to 21% miners (and metals via CEF), 31% Can Roys (they keep rising) 21% E&Ps (added XEC kicked out CED) and the rest, the rest...

Rather interesting that the miners here are so much weaker than the metal....Suppose there is just so much money to invest and there's much of it waiting for Intel and the other big caps to report.....suspect we'll see a peak in the NASDAQ here soon in response to these earning reports.
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