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

To: SliderOnTheBlack who wrote (22587)	3/9/2005 2:48:37 PM
From: Taikun	Read Replies (1) \| Respond to of 108915

<How about Bush leveraging this Energy Spike to get his Energy Plan> You mean like he's using the Dow pushing up against 11,000 to gather support for private accounts. Face it, Noone wants an LNG terminal in their backyard, and they don't want nukes. Besides, we don't have coal-fired SUV's or nuclear-powered Winnebagos. The oil sands is neither. The oil sands is reality. The oil sands is happening now. And the oil sands isn't thousands of miles away across a supply chain that needs military protection. I've placed my bets...I'll take my chances.

To: SliderOnTheBlack who wrote (22587)	3/9/2005 2:51:30 PM
From: ItsAllCyclical	Respond to of 108915

(edit) >> 10 year Bond Rates pop << Up 3% today alone with the Dollar FALLING. Probably one the biggest developments in the gold sector in the last 1-2 years imho as the Dollar is no longer being helped by higher rates. Still the beginning of the trend so it's probably a bit early to call it definate. Agree bond market is finally smelling inflation and Asian CBs no longer supporting Dollar. ST, gold stocks look like they need to take a break. Did a little bit of selling today in some liquid issues (KGC, CDE), but not touching the juniors as they're just getting started. I will be adding more on next pullback. If not I run w/a very substantial core. Did add IMXPF today at 3.25. Looks like a cheap open pit mining op. Still no date on a feasibility study so it'll take a while to play out. Expect further increases on current resources over the next 6 months. With regards to DROOY I still maintain BK is way overblown ST. Somewhat surprised it's not acting better here given GFI/HMY leadership. Earthquake may have been a good excuse for the shorts to further pile on or weak longs to capitulate. Not sure if a big fund still wants out, but until it starts acting better TA wise no point in adding more. Still have 1/4 of my overall position around .89 basis.