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


To: Little Joe who wrote (14028)7/29/2004 6:55:22 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 108934
 
I would be more than happy to be wrong given that I still hold a overweight position. Let's see how the Dollar behaves tomorrow and next week. Gold got hit again today. The miners ignored it, but a few more dollars lower and we'll be very vulnerable to closing sub $380. Aug futures contract closes tomorrow. Maybe we'll have better action next week assuming we don't tank tomorrow. Given gold share strength of late it seems unlikely, but who knows..