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Strategies & Market Trends : Natural Resource Stocks

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To: longdong_63 who wrote (20005)1/13/2005 12:30:48 PM
From: Arik T.G.   of 108703
 
Hi,
Been too busy, but it was worth it.

The ZAR seems to have lost momentum in the past 10 months, and may have also reversed against the USD last week.
5.91 should be sold.

The weak HUI may be telling us that the spot is not done yet, but 410 is a very good support. I have no data wether the HUI is leading or lagging the spot.

ATG
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