Spot on mate. It is the same when instos deal with other...

Spot on mate. It is the same when instos deal with other commodoties. Look at POG and the movement in comparison of the gold stocks 2-3 percent rise and sentiment on the up results in a 20-30 percent rise in some explorers. If POG clears 1349 it changes again and another rerate. We see the same patterns in Crude futures. haven't evaluated the crude charts recently but i remember the low 50s beingan important aspect to light the match. Back it with Crude FA like increase draw down, worldwide interruptions, freezing of production, etc and people start taking riskier positions and money on the sidelines or in other sectors will rotate as Tony said.