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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Andrew who wrote (13254)4/18/2008 10:03:03 AM
From: jimsioi  Respond to of 29622
 
miners and general market decoupling, yes...miners down, others UP...

Apparently, the prospects of lower interest rates are diminishing, consequently the dollar is rallying, so miners and PM are declining...

At some point I suppose the markets will look at the reasons why interest rates are rising and PMs will have their day or two back in the sun....Today's sharp early decline shows how vulnerable the metals and miners are to adverse news...

Generally did some reduction at the opening....hated to do it...I suppose those really smart were buying the "bargins"...I suspect given the action today they'll be more such bargins in the near future....

think I'll give it up for the rest of the day....my hand has been less than hot....