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Strategies & Market Trends : Natural Resource Stocks

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To: the Zwei who wrote (19969)1/12/2005 4:20:20 PM
From: jimsioi  Read Replies (2) of 108672
 
zwei, appreciate the company and support of RIO

Own shares myself...little bit in the red but figure the need for iron ore ain't going away too soon..Good rise on increasing volume today...Think I'll give it down to 25.35 or so....below that it starts to break down rather badly on the charts to me...Like so many NR stocks the first of the year things broke down on profit taking, that and FED worry...Taking a while to regroup...hope that's what we saw across the NR landscape today...
stockcharts.com[h,a]dacayyay[dd][pc50!h.02,.20][vc60][iLl14!Lf!Lc20!Lb14]&pref=G

For another value play look at Amerigo...copper and molybdenum...big increase in revenues forthcoming...
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