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


To: ItsAllCyclical who wrote (20807)2/3/2005 11:46:46 AM
From: isopatch  Respond to of 108742
 
IAC. Until it reverses, the trend is the driver. With todays

HUI breakdown from the recent broadening pattern, per earlier post, downside momentum has increased.

Isopatch



To: ItsAllCyclical who wrote (20807)2/3/2005 12:24:12 PM
From: jimsioi  Read Replies (1) | Respond to of 108742
 
15-25% risk, would certainly seem to be the case....if..

If the dollar goes on further and copper falls below $1.25, I agree...Have to wait till the dust clears...

$420 didn't hold as my more opptomistic thoughts a few weeks ago suggested it might....instead the fifth leg down appears to be taking place with a lower low having been established today at $415...Some of these miners however are suggesting a sneaky reversal from a false break is in the cards...
stockcharts.com[h,a]dacaynay[dd][pb8!c40!c10!f][ill14!lp14,3,3!le12,26,9!lb14!lm12!lya7,14,28!ld20][J34115776,Y]&pref=G

CRB leaning on an important trend line at 280...no progress since October, more rather reflect of my portfolio, than I'd like to admit...Anybody other than Iso have the same problem...?
stockcharts.com[h,a]walayyay[d19900703,20050301][pc40!f][vc60][iLb14!Lp14,3,3!Le12,26,9!Ll14][J32977096,Y]&pref=G