the box... - thursday, page-4

I normally always log out of my Web Iress and Hot Copper at 4.30 and don't open them again till next morning - I think I had better stick to that rule.....

The perfect head and shoulders top in the Nasdaq Comp worked a treat over night so we have sorted out that question now.

Gold finally filled the gap that was worrying me so now I can start to think about looking for clear signs of a bottom. Still think silver holds the key even though it has been the weaker of the two. Palladium still sitting up near the 2011 highs.

Cattle prices up again in the US. Stand by for higher meat prices in this country as the year wears on. Now that some of the very worst hit drought areas are actually getting some rain this past 24 hours, there will be very little stock coming on the market for some months - hence higher meat prices. Higher meat prices - higher inflation. Higher inflation - higher interest rates. Already I am seeing rates here nudging up and look at the little Aussie battler. Broke out of my head and shoudlers bottom, had a pull back and now seems to have the wind in its sails. Second warning to the banks re lending to people that can't really afford it - God there is a lot happening at the moment.

Pisces - looks like you were right to hang in on PNL. Looking at PTL again now that they have come off. Do you still look at them?