Natural Resource Stocks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Natural Resource Stocks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: isopatch who started this subject	8/13/2004 9:15:23 AM
From: ItsAllCyclical	Read Replies (2) of 108787

Gold moving up on record...55 BILLION...trade balance #. Didn't see the breakdown of the numbers, but would like to see what % of that is energy related if it can be discerned. PPI came in at .1 vs .3 expectations with core at .1. Still think the Dollar is being strongly supported here by PPT. Can't afford a falling market combined w/a free falling currency. Maybe I'm too much of a fundamentalist, but I do think the PPT will lose eventually. Dollar market too big to support without help of China, Japan, etc. If they continue to reduce their buying (as they have been of late), the game is up. Fairly bullish here FA wise given seasonal strength coming up, 9/11, elections, trade balance, slowing economy, Rand weakness. TA wise most of the stocks in the sector still acting very weak, but that can change quickly.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next