Simple portfolio rotation?
http://stockcharts.com/c-sc/sc?s=$UTIL&p=D&b=5&g=0&i=p&r=7072.png
http://stockcharts.com/c-sc/sc?s=$TRAN&p=D&b=5&g=0&i=p&r=3076.png
TRAN & UTIL
Started by
Swiss Trader
, Apr 09 2007 12:54 PM
1 reply to this topic
#2
Cirrus
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Posted 09 April 2007 - 01:15 PM
Warren Buffet news on the rails is single handedly rallying the Trannies. Utilities continue to be strong. I joined Warren by adding more to my COP position as I see the possiblity of 100 by year end.
Uranium is now at $113....
Copper and Zinc went limit up in Shanghai. It's just hard to predict the next correction in this commodity bull but they are still working. I think the XAU has a date with the 150 level sometime relatively soon. It's what happens after 150 (assuming it does in fact get there) that will perhpas be the tell of tells.
