Lorett,
well said. This is early days and there will of course be pullbacks.
But, I'm quite convinced that the 'commodity short play' is about to unravel globally.
Here is some fun reading:
http://www.cnbc.com/id/100628295
extract:
What's next? A rally in beaten up cyclical names, particularly >>>commodity stocks<<<. There has been a lot of rotation in the market that has been making it hard for the market to go down. Recently, it's been defensive names (consumer, utilities, healthcare) leading the way, with cyclicals (materials, industrials, energy) on the ropes. But that may be about to change. The China inflation number was the first shot across the bow. If we get decent news on China imports and exports this weekend, commodities and commodity stocks could rip.
Lorett,well said. This is early days and there will of course be...
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