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Strategies & Market Trends : Natural Resource Stocks

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To: Little Joe who wrote (66645)3/6/2008 9:13:22 AM
From: isopatch  Read Replies (1) of 108758
 
Joe. Good post. Hope eveyone reads and thinks case you make.

One point about seasonals. The 26 yr average of the annual cycle shows an IT bottom at the end of this month. However the more recent 15 yrs of data show an important ST lo in late Feb with a test of that low right about where we R now:

spectrumcommodities.com

Not arguing with your conclusion regarding further corrective action. But my read is that we're approaching an important low in the PM sector late this week or early next week consistent with the Bradley turn date scheduled to occur on 3/8 or 3/9:

amanita.at

Iso
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