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


To: Little Joe who wrote (29097)4/14/2004 9:44:38 PM
From: TheSlowLane  Read Replies (3) | Respond to of 39344
 
LJ - the fundamentals out of whack with the charts...yes, that's what's been twisting my knickers. If commodities are in a LT secular bull market, isn't this kind of a pullback almost obligatory to prove the bull isn't bull? Again, I refer to Coxe as he is informing my base metals perspective; he continues to argue that we are seeing profit taking. For months he has said he's been getting calls from clients who have said they felt it was time to take money off the table. He has consistently said no to that question. I suspect that many who were in for a year decided that triple digit profits were good enough and took them. Anyway, we'll hear more on earnings over the coming weeks from several of the BM companies. They should be good, Northern Orion's were good, but will the market care?

Paul