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Strategies & Market Trends : Natural Resource Stocks

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To: isopatch who wrote (14378)8/9/2004 12:43:57 PM
From: jimsioi  Read Replies (1) of 108867
 
Spending a little cash on NEM and CEF, here..

$40.55 and $5.60 entries...short of the world's best, and possibly the noon hour sucker play, but Gold is up on the day now...Some divergence is starting to show up between GOLD and the dollar...ie. even when the dollar is a bit stronger Gold is printing green......Getting a lift from the shot at $45 for Crude, which, if it says anything it's that the August interest rate increase by the FED will be the last for a while, unless they intend on saving the dollar by speeding the economy's move south...

Gold over $400 for the time being...
focus.comdirect.co.uk
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