BLY boart longyear group ltd

2009-10-17 weekend analysis of bly, page-43

  1. 2,032 Posts.
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    '... hopefully no carnage on the dow tonight so we can get above .32 tomorrow ...'

    Hey RN,

    In previous Dow Collapses the USD almost always go up. But lately I've noticed that when people take $$ out of the Dow they have not been putting them back into the USD. Instead precious & base metals continued to rise, and so did the AUD. I think people are now in the rotation mood rather than the head-for-the-exit mood. I am happy seeing what is happening.

    As I type oil is trading at $81.37 USD, and gold at $1,064.50 USD.
 
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