dow running hard, page-16

its amazing how quickly the market can regain confidence, an extension of the Feds Auction Facility and a better than expected jobs report has the US markets up and running, with people starting to forget the recent market woes.

expect to see a lot of the favourite specs to start surging again, as money starts pouring back into the higher risk/reward plays.

for me its agriculture/coal/iron ore sectors, with the supply/demand fundamentals continuing to drive these sectors.

as a short term trade GDA stands out in the iron ore space with exploration results due any day from Mt Caudan, and the wildcard from their eastern pilbara exploration which lies just north of FMG massive Cloud Break Iron Ore Deposit any sniff of iron ore could send it on an FDL type run.

in the medium term companies like REY,MNM,BWN,CDS,STB,RWD are likely to perform well given their commodity mix.