Both indexes show that we are definately in the early stages of a run up here.The BDI has turned up on the weekly chart and it moves in slow gradual swings that do not reverse quickly once it turns. The same is applicable to the copper futures.Copper is on for a potitive run which as we all know will be benificial to the sp of PNA.The volumes yesterday and today reflect the fact that major players are already onboard.The sp will be in the 20s v soon.Time to get in.My opinion only.
PNA Price at posting:
16.6¢ Sentiment: ST Buy Disclosure: Held