In the macro resources environ., shorters have (obviously and predictably), walked alongside the media and sentiment and beared their way down to profit. Now, somewhere around the ridiculous bottom for all, Aus wakes up and the bulls come out to play, with all the mod cons and bull/bear traps blah blah. I don't and won't play. Not enough time. I will however pick companies, management and of course the resource to average down. If my babies don't shine (and by that I mean really shine) my calculations, intuition, research and societal trends are way off. Somehow I don't think so. It's almost time for the running of the bulls BIGTIME. Same with the housing market. Some rapid growth imminent (now - 7years). All IMO.
YTC Price at posting:
16.5¢ Sentiment: LT Buy Disclosure: Held
