In many charts I see this current rally still hasn't gone near its last high.
BA- Boeing has actually made a new high. Can anyone see any other leaders? Why are they leading? Boeing charges in US dollars. It may benefit from foreign buying if the dollar weakens.
Also why isn't Glencore charging ahead if we are having a commodities run?
Our reserve bank actually came out and said things in OZ weren't as rosy as they seemed. Perhaps those miners operating largely in Australia are predicting weakness in our dollar also.
No wonder people ignore ' funny mentals' ( fundamentals) and just stick to charts. Can spend hours going around in circles but its already in the chart.
Tin chart looks bullish. MLX has a decent deposit in my view- and its mining it. So does KAS- Taylor Collison currently raising for them. History of KAS takes some hours to research.
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