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Strategies & Market Trends : Natural Resource Stocks
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To: jimsioi who wrote (3912)11/25/2003 5:08:44 PM
From: gold$10k  Read Replies (2) of 108619
 
Jims,

My current position in PMs is not aggressive for me. I don't expect any major movement until the POG heads north of $400, BWDIK. I am glad to have energy as an alternate play that will likely provide good profits and could serve as a source of cash if unexpected PM bargains present themselves.

I like MRB because of

1. the underlying fundamentals
2. the 2 month consolidation
3. the recent upside breakout attempt
4. it's a metals bull market

vt
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