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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Bert who wrote (3824)11/24/2003 1:26:49 PM
From: yard_man  Read Replies (2) | Respond to of 108616
 
are we allowed to post SWAGs here??

Just one -- please don't ban me -- won't do it again.

My gut says the rand is topping here -- and the next leg in the golds takes the SA's up, too. I've held these stocks at a terrible opportunity cost for sometime. In hindsight, it was a poor decision.

I know Lance Lewis was calling for a severe selloff in them the other day -- my guess here has nothing to do with that ... i.e. I don't think he is any good as a contrary indicator. This is just a gut feel from looking at the both charts.