Ander's Market Theories

[AnderL]

Top DJ Industry performers for the past month.

DJ US Platinum & Precious Metals Index 25.93%
DJ US Nonferrous Metals Index 15.63%
DJ US Gold Mining Index 14.80%
DJ US Steel Index 12.61%
DJ US Industrial Metals Index 12.45%

Lot of metals performing well over the last month... yet I don't see energies doing as well. It is quire possible that we are entering the mature part of the equity bull market as money flows to metal and mining stocks as energies have been over done. The real money may have been had in energies as production is being increased to match demand and prices were driven up high enough to impact the consumers' sentiment. Energies can still perform well in the late stage of the bull market but they will be outperformed by metals.