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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (3173)10/30/2006 7:48:52 AM
From: Fiscally Conservative  Read Replies (2) | Respond to of 50428
 
A downgrade you say,well better late than never. Their timing is perfect,no? This looks like opportunity. Chances are good I will be a Buyer sometime this week.

Have a good day folks :)



To: SliderOnTheBlack who wrote (3173)10/30/2006 7:48:59 AM
From: Box-By-The-Riviera™  Respond to of 50428
 
ROFLMAO!!!!!!!!!!!!!!



To: SliderOnTheBlack who wrote (3173)10/30/2006 9:57:28 AM
From: wsw1  Respond to of 50428
 
slider,

your charts are not up to date...last time i checked TRE is over $6...i've already gained back 50% of what was lost on paper...

i'm not a trader...i'll admit that...i have learned a valuable lesson, and i will consider the future ramifications of negative divergences and overbought readings (even if it's in my #1 fave small cap natural resource stock) to aggressively sell 1/3 of my position and buy back the 1/3 into weakness...i explained my reason for holding in another post...

i'm involved in the natural resource sector for the larger campaign...i don't have to win each and every battle to win the war...i don't have to succesfully trade out tops in order to come out on top when the game ends, because i've been in this game early since 2003...i've worked hard for all my money (no inheritances, no hand-outs, no trust fund, no nothing) and have seen the value of my money (bet on select natural resource investments) increase manifold in the last few years...and will continue to see it grow exponentially over the next decade...



To: SliderOnTheBlack who wrote (3173)10/30/2006 10:29:02 AM
From: Nihontochicken  Read Replies (1) | Respond to of 50428
 
stockcharts.com

NC



To: SliderOnTheBlack who wrote (3173)10/30/2006 5:37:31 PM
From: 8bits  Respond to of 50428
 
And now... the other boys speak:

DJ JP Morgan Upgrades Resources Sector To Overweight
MELBOURNE (Dow Jones)--Sustained growth in China and a sluggish supply
response will continue to drive the resources boom, Wall Street investment bank
JP Morgan said Monday, moving to overweight from underweight in the sector.

The broker cited compelling stock valuations, tight markets, Chinese growth
and an expected increase in iron ore prices.

"We moved to underweight the resources sector back in February and suffered
some pain as commodity prices, and the resource majors, continued their rise,"
JP Morgan analysts said in a client note.

JP Morgan said its decision was partly vindicated by the pullback in
commodity prices and resource stocks that followed, but it is now time to move
back to overweight.

The analysts said initial indications are that contract iron ore price will
rise again in the current round of negotiations.

"If the opening ambit claim by the Chinese is for a reduction of only 5%,
coupled with recent production reports from BHP (BHP) and Rio (RTP) where iron
ore production performance was less than exemplary, then the eventual price
settlement could end up higher than the current consensus view of a 5-10%
rise," the note said.

JP Morgan expects Chinese growth of 10.6% in 2006 and 9.5% in 2007 and said
it is possible the economy will overshoot market expectations.

It also has a more positive view of the United States than consensus and
believes the housing downturn will not drag down the whole economy.

JP Morgan said miners claim the supply side response to surging demand for
commodities is proceeding slowly, a view backed up by recent BHP and Rio Tinto
production reports.

The analysts said BHP and Rio have underperformed the recent resurgence in
base metals prices and their valuations are looking much more attractive in
terms of price to net present valuations.



To: SliderOnTheBlack who wrote (3173)11/9/2006 12:14:50 PM
From: Fiscally Conservative  Respond to of 50428
 
Pssssssssst,aggggh did you happen to go out and Buy GFI on that downgrade without telling the rest of this room ? Be honest now,lol. I bet even money these guys loaded up on that downgrade. It is the way the game is played and you should know that. Hmmmmm.

In truth: I couldn't resist.