I just notice GOLD had a nice run also this morning; $10 should be reasonable.
ppteam 发表于 2010-4-23 13:19
gold sudden run up. I guess due to USD down. I can never foresee when gold will move, only hold and wait.
I feel USD should slide down for a few days. what do you think?
I just notice GOLD had a nice run also this morning; $10 should be reasonable.
ppteam 发表于 2010-4-23 13:19
Already with a 50+ PE, so how long can you wait for its earnings catching up. HD used to be a growth story and had a high of $70 - never get to there afterward. Yes, it is a good company with nice potential, but as an investor, one need to "watch and see".
POT looks very close to reverse.
lwjnbtx 发表于 2010-4-23 12:48
Seasonality, agriculture group should go up in the spring, because their products being used the most, but seems like it's different this time.
POT has hit the ma200 6 times since 06/09. Its price hit the ma200 on Apr 19, I think it will test $104 again in few days. (perhaps second leg)
For MON after nice 17 months of lateral channel, it's resting on the heavy support zone.
Same case as MOS, AGU, IPI etc.
Anyways, be careful if you wish to buy dip.
Because from other forum, they claim the reason for agriculture group to drop it's China drought condition taking a big hit on these company.