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Something Brewing in Mining Land?


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#1 Woody

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Posted 04 April 2007 - 11:15 AM

Maybe China is OK after all, COT position in Copper has been leaning Bullish for some time, and maybe US will muddle along OK,

Leaders RIO, BHP, RTP are all acting well, more junior stuff also acting well and takeovers continue,
(Lundin and Rio Narcea today)

Stay Tuned,

http://stockcharts.com/c-sc/sc?s=$DJUSMG&p=D&b=3&g=0&i=p15812358952&a=67085891&r=9362.png

#2 da_cheif

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Posted 04 April 2007 - 11:19 AM

all u gotta do is keep ur eye on the JAGI.....its promising 2000 gold

#3 Cirrus

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Posted 04 April 2007 - 11:26 AM

I agree and have posted the DJUSMD more than once in the past few weeks. Given the length of the base, fundamentals, market sentiment toward the sector and valuations I think this sector runs for multiple months. I would expect it to rally until it at least receives a market multiple which is a very big run. I also think the OSX is beginning to look very IT to LT bullish.

http://stockcharts.com/c-sc/sc?s=$DJUSMD&i=p94895614517&a=101531903&r=65.png

http://stockcharts.com/c-sc/sc?s=$OSX&p=W&b=5&g=0&i=p46156290735&a=80925906&r=770.png

#4 Woody

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Posted 04 April 2007 - 11:34 AM

all u gotta do is keep ur eye on the JAGI.....its promising 2000 gold


OK Chief ya got me, I googled JAGI, looks like its a Japanese Video Game :unsure:

Probably some forecasting outfit?


CW

#5 Jnavin

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Posted 04 April 2007 - 11:36 AM

No JAGI on the stockcharts symbols list...

#6 NAV

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Posted 04 April 2007 - 11:54 AM

I think cheif is referring to the JSE gold index (Johannasberg gold index).

"It's not the knowing that is difficult, but the doing"

 

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