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Strategies & Market Trends : Natural Resource Stocks
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To: jimsioi who wrote (16386)10/14/2004 1:51:02 PM
From: ItsAllCyclical  Read Replies (2) of 108578
 
Again, had I not done so much buying yesterday I wouldn't be selling. Trendlines still holding on Dollar, gold and copper. Everything appears to be just fine, but given the action yesterday and today it's not the kind of market that I want to be overweight. Still sitting on around 45%-50% PMs on average and in some trading accts still up to 75%. Will wait to see market action toward the end of the day. 35-40% is my goal though by day's end if things don't improve.
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