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Strategies & Market Trends : Natural Resource Stocks

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To: isopatch who wrote (7117)	2/2/2004 3:22:48 PM
From: ItsAllCyclical	Read Replies (1) of 109014

Here's my read... investorshub.com Been rather busy this morning and didn't want to be the board pimp so I posted it on Zeev's short term trading thread. Holding a bigger position now than at 1.92. TA wise it looks like it could base for a few more days to a week before challenging the 2.23 mark, but don't want to be out if it comes early. Today's action is encouraging so far. Like you I'm 100% cash again in the PM portion of my portfolio. Was out when today's low was hit otherwise might have been tempted. G7 is so close now that I need to resist the urge to buy and wait till after the news. There are always laggards if the sector takes off, but I think the G7 is more likely to gold nuetral to negative in the short term.

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