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Strategies & Market Trends : Natural Resource Stocks

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To: The Vet who wrote (19979)	1/13/2005 10:21:41 AM
From: isopatch	Read Replies (1) of 108672

Vet. Looks to me like massive market support operations were initiated by the PPT from late morning into yesterdays close, to stop a meltdown reaction to the horrific trade numbers. A key part of that modus operandi always includes leaning on the yellow and/or the HUI. Looks like that is continuing again, today. My read is they will continue to do their best to support the broad market indices until the inauguration, just as we saw as we approached the Nov election. Once we get a few days to a week past the inaugural? Then, I think the PM sector can take off. Until then, patience and/or plenty of cash reserves trumps value. JMHO, of course. Isopatch

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