Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: jimsioi who wrote (19575)	9/8/2003 1:39:49 AM
From: energyplay	Read Replies (1) of 39344

Lots of QUadruple tops ... I think the previous comments about a liquidity mop up are correct - I moved to tighter stops on my Silver issues (mainly HL) and I'm cutting my exposure to miners right now.... Copper - most people in the US think of Phelps Dodge when they think of Copper. Insitutional favorite. I just sold mine since it looks like it was getting some resistance near $50. Like Anadarko APC and Apache APA was for Natural gas, big funds lumbering into even a big stock will move it , and often move it first...liquid and marginable too. Miners have move up very fast since July, and might have a nasty snap-back here...

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