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Re: Justa Werkenstiff post# 25635

Wednesday, 05/19/2004 12:36:38 PM

Wednesday, May 19, 2004 12:36:38 PM

Post# of 148479
Miners: Last Friday I said the weekly charts for miners had turned bullish. I think we have made an intermediate term low. Right here though, price indicators suggest limited short term upside and eventual sells any day in here more so than the overall market because of the nice rally. Moreover, sentiment measures of the overall market are not suportive a move without a retrace of large measure. I am taking profits on strength and will reload on weakness as I think the weekly trend has bottomed and turned up in this sector.

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