oh rubbish aurelius
i've made more money in the past 12 months on the market than i have in my whole trading carrer (well, its not really a career) ... been trading for about 7 yrs
miners have been doing well on their profits, yes, and trading on low PE's because its percieved the high price of metals cannot be sustained, hence previously whenever metals have taken a hit down, so have mining stocks. the point that was made was .. metals were all down fairly heavily last night, yet mining stocks rallied yesterday ... surely if metals prices are going down and due to the perception of those prices causing a low PE a fall in metal prices would produce a fall in mining stocks. sure enugh that has been the case for most of this boom. not this previous session though. as has been alluded to, that may be due to some of the ridiculous M&A suggestions about currently and general market euphoria
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