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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: morokko65 who wrote (8810)1/28/2008 7:27:21 PM
From: nspolar  Respond to of 33421
 
Well I currently believe in a pretty big top in here somewhere.

Come Wednesday we may see more light shined on the matter.

SPPIX is the one 'commodity' related inverse fund that has not responded 'yet'. I believe it is a 1X inverse the DJGSP, a pm fund. Top ten holdings in DJGSP at end of year were:

Top 10 Index Companies
Name Weight
Freeport-McMoRan Copper & Gold Inc. 24.29%
Barrick Gold Corp. 22.53%
Goldcorp Inc. 14.82%
Newmont Mining Corp. 13.15%
AngloGold Ashanti Ltd. ADS 6.05%
Agnico-Eagle Mines Ltd. 5.08%
Gold Fields Ltd. ADS 4.50%
Lihir Gold Ltd. ADS 3.69%
Harmony Gold Mining Co. Ltd. ADS 2.14%
Randgold Resources Ltd. ADS 1.74%