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Strategies & Market Trends : Natural Resource Stocks

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To: orkrious who wrote (4490)12/6/2003 9:51:16 PM
From: yard_man  Read Replies (1) of 108681
 
Bugos wants it both ways -- higher DOW means miners get whacked -- DOW selloff means miners get whacked ---
he fails to understand the link -- reflation / miner-gold rally -- makes sense for miners to have rallied WITH the markets -- instead he says DOW correction is delayed reaction and gold/miner rising with markets is an aberration.

Miners expensive?? compared to what?? that's easy -- compared to what they were 1 months or 7 months ago ...duh??

gold-eagle.com

How bout another scenario -- DOW starts crashing -- massive save effort on the part of the Fed, which meets with very limited success -- commodities put in another leg as the dollar continues its slide ... interest rates little changed to down as the economy starts to show its true colors ...

Not saying it is going to happen, but it could happen that way, too.
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