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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: kidl who wrote (99120)	7/16/2008 11:42:14 AM
From: Drbob512	Read Replies (3) \| Respond to of 100058

kidl: KCL is victim of panic selling and could have support in the 3 1/4 area, where it has found support in the past, but no guarantee it will get that low cuz it is extremely oversold righ now. The jr ferts have gotten hammered along with jr golds which had been weak for a longer time. Looks like large and mid cap oil stocks are the safer ways to go even though they have corrected to some degree but not as much, and they should rebound first and stronger. This bear has hurt over 90% of all stocks and financials and juniors have been hit the hardest. In the long term, select juniors should recover but I don't know which ones. I feel more comfortable with larger companies, at least the size of PBG. jmho, drbob