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Strategies & Market Trends : Natural Resource Stocks

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To: isopatch who wrote (20042)1/14/2005 10:07:37 AM
From: jimsioi  Read Replies (1) of 108657
 
ISO, the looks of HUGO...ain't so pretty, agree...

Stock did seem to get sold into above $7 at the end of the year...I figured it was people getting even after a pretty hard fall for a year. Lots of shorting I suspect...2.5 million shares... ..I'm holding off getting a full position back on due to the weak looks of the chart...Had thought I'd be a buyer today but unlike most of the other miners it is higher...

stockcharts.com[w,a]dacayiay[dc][pc50!f][vc60][iLl14!Lf!Lya7,14,28]&pref=G

Some reasonable comeback now in the miners after weaker opening.
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