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Strategies & Market Trends : Natural Resource Stocks

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To: isopatch who started this subject11/21/2003 8:33:47 PM
From: jimsioi  Read Replies (2) of 108702
 
4 of last 5 days down for CRB

Correction back to the former top but some of the members of the index seems to have some momentum in their decline...
chartingyourfutures.com

I'd say gold is all packed up and ready to ride over $400 if the trend indicator wasn't already high...Always something....next week, normally short and usually quiet has all the makings of being otherwise.

COTS showed large increase in Silver Commercial net shorts, taking them up to the bottom end of the stopper level at 60K net short. Gold shorts through the same date were not as intense...
cftc.gov
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