Replies to post #39715 on A.I.M. Users Bulletin Board (AIMUSERS)

[jaiml]

ya, pretty much a repeat of what we saw early in the year except that many stocks in these sectors are making new lows.

Speaking about copper, I added to my FCX holding today as well at 15.67. I have had a signal for quite some time but only pushed the button today. This is a nice ~30% drop from my last sale back in Apr/May.

[lrp42]

Hi Tf,

According to this week's newsletter from Tom McClellan gold could be making a bottom (McClellan's father created the McClellan Oscillator).

http://www.mcoscillator.com/learning_center/weekly_chart/gold_priced_in_euros_has_gone_quiet/

He says looking the Gold's 13.5 month cycle this would happen around the middle of August...give or take a month.

He does some hedging when he says "Eventually gold is going to leave the area of €1050/oz and go somewhere".

Anyway I have put Gold and the Gold Miners on my radar.

Best regards,

Ray