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Re: Frank Pembleton post# 14630

Friday, 11/04/2005 11:57:28 AM

Friday, November 04, 2005 11:57:28 AM

Post# of 19037
-- the C$ is the clear leader today-- it's up against everything including the US$ ... bullish for the energy sector

-- the A$ is blowing-off at the bottom of the trading channel, so would I be selling it here...? well, for one thing I haven't been a buyer ... so I can't say sell again, and in this case gold stocks levered to Australia don't look so bad because operating costs have been hampered by strong currencies and high energy prices.

that said

I favour buying over selling, but buy mining stocks that are hugging the lower end of a bullish trading channel that are reasonably liquid.





FP........................................................

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