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Strategies & Market Trends : Natural Resource Stocks

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To: schzammm who wrote (14038)	7/30/2004 4:22:38 PM
From: jimsioi	Read Replies (2) of 108601

schzammm, "impressed" doesn't quite describe my feelings.. Overhead gap looms in Gold, dollar holding on, miners generally did the Friday retreat, much bullishness over the price of Crude....Maybe this was the seasonal low, maybe the Dollar has seen its highs??? Holding about 50% cash...bascially still in a "show me" state. Gold futures.tradingcharts.com Silver quite obviously looks better... futures.tradingcharts.com Dollar hanging right there at 90 quotes.ino.com If asked for a guess as to early next week, I'd say Crude retreats along with energy shares after over the weekend enthusiasm is worked off early Monday morning...Dollar holds and the metals and miners come off... CRX....amazing last week of the month...suggesting the best trading position might be off on a desert island without communications.. stockcharts.com[h,a]eacaynay[d40][pc13!c34!c50!c200!f][iut!Ub14!Lp14,3,3!Le12,26,9!Ll14!Lya7,14,28]&pref=G

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