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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: jimsioi who wrote (9815)	4/16/2003 4:45:40 AM
From: jimsioi	Respond to of 39344

Weakening Dollar As of this posting the dollar, as displayed on the hourly below, is at its lowest point in more than a week. ts-lc.sc8.finance.lycos.com Thinking that maybe what we see from late April to October is a very selective market with indexes continuing weak in a recessionary climate. What might contribute to that go nowhere environment being sustained? Stubbornly high energy prices. To buck the general indexes' trend, my money would go on the XNG. Looks like a good period to also and particularly be holding the CanRoys. The three below are currently running with about an average investertech.com Longer term all this going nowheres works to the advantage of the knowledgeable with regards to these juniors and explorers, as more will be learned about them during the time ahead, when they will likely suffer from relative investor neglect .

To: jimsioi who wrote (9815)	4/16/2003 8:29:44 AM
From: russwinter	Read Replies (4) \| Respond to of 39344

I didn't feel this BOB outcome would be a tradable rally for the general market, as the sentiment indicators that served me so well in July-Sept, Oct-Jan weren't strong enough. But the Fed has been printing money like there is no tomorrow, Message 18842109 so this must be filtering into the markets, as the economy can't use the "liquidity". This is an unusually dangerous bear market rally to be long on in my view, but hopefully my big energy exposure will start paying off. Oddly the big strength seems to be in financials so far. Ultimately this excess inflation (going to be a big story, initially hyped as "pricing power") will find it's way into commodities. I'm really keying on the bond market, which I'd like to short. Know of any non-future vehicles for that? Don't know about the POG retrace down to $310, but looks like the yellow dog has more work to do. I'm really surprised that the commercials are still this short. Still I'm fully loaded with my PM plays, as I didn't wish to get overly cute on timing.

To: jimsioi who wrote (9815)	4/16/2003 11:19:51 AM
From: Silver Super Bull	Read Replies (3) \| Respond to of 39344

Another interesting day of trading here in the general markets. Believe it or not the overnight S&P futures were at 902+, so it seems as if we have a rather substantial reversal day in progress here. Also, could this be a triple top in the S&P? On 4/8 I posted about the possibility of a double top, and now it appears as if there is potential for a triple top. Time will tell, but 900 on the S&P seems to be providing serious resistance. And the dollar index (June futures) is once again below 100 (99.75) as I write this. As I posted in #9771, this appears to me like it could be massive distribution in the stock markets. Again, time will tell. stockcharts.com At the same time Gold and shares seem to have turned the corner. All things considered this could be a very important turning point. I'm still keeping a keen eye on Russ's earlier post 9481. DB