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

To: A Horse With No Name who wrote (5905)1/7/2004 8:55:43 AM
From: ItsAllCyclical  Read Replies (1) | Respond to of 108765
 
I don't really have upside targets for the HUI because it's difficult to say the least. I think it's easier to pick spots to begin averaging in a on a pullback. After the pullback develops and from what levels then it'll be a little easier to give new upside targets.

My 175 to 185 level is partly technically driven and partly sentiment driven. Of course as always I'll be watching things daily for signs of a change/bottom once the pullback starts so these levels are more for fun than anything. I'll try to listen to what the market is telling me vs sticking to a set plan. Easier said than done though.



To: A Horse With No Name who wrote (5905)1/7/2004 9:27:47 AM
From: jimsioi  Respond to of 108765
 
bengali, agree #12 & 13, question #8

Miners have alot of gold appreciation priced into their their share prices. For that reason I agree with Captain Hooks 12 & 13....I own share of QRL and hope they do well but frankly there's an pot full of shares outstanding such that they need quite the find of reserves or a much higher gold price to effect much to each share in my opinion....It's one on the sell list...


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