these things have been sluggish as all hell!
I dont think the correction in the uraniums is finished
Started by
atlasshrugged
, May 02 2007 06:04 PM
4 replies to this topic
#2
Cirrus
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Posted 02 May 2007 - 06:36 PM
I agree....not that it means we're right LOL.
#3
The End
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Posted 02 May 2007 - 07:38 PM
We got a tiger by the tail folks.
Nuff said
Edited by The End, 02 May 2007 - 07:38 PM.
NONE of what I type should be taken as financial advice.
#4
blackprince
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Posted 02 May 2007 - 10:49 PM
I think the global boom especially in Asia is grossly under estimated. Uranium miners and any profitable miner can be bought, locked away and not looked at again for 4-5 years.
Hey TE where else do you hang out if I may be so bold.
#5
PorkLoin
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Posted 03 May 2007 - 01:42 PM
There have been a lot of furious advances in the past, followed by weeks or months of correction. Only 4 or 5 weeks into this correction thus far, and we've been in a multi-year big bull market.
Not saying that we have go on down. Some of the "more" speculative ones where I've been stopped out, like DJE.V, DIT.V, SAN.V, and WRI.V look like they may be bottoming or at least bear watching. And there's stuff like RSC.V that while they've been in corrections, the chart-patterns, even short term, look pretty darn bullish.
For the bigger, less-risky (a very relative term there) ones, they haven't given up much and look decent on a daily chart, but most may be rolling over to the downside on weekly charts, so it wouldn't suprise me to see this price correction go long enough to dishearten the more weak-handed owners.
Doug
