Markets are gunning to go HIGHER today from get GO.
Markets consolidated its GAINS in the last 2 days.
That is the PICTURE of BULL these days.
MINING sector will take off...thanks to ALCAN rejection of ALCOA'S offer......it was not good enough.
My Uranium,Oil already looks higher before pre-market.
It is very important to have EXPOSURE in URANIUM,OIL,GOLD & other base metals.....I have exposure in first 3 with
PDN.TO ( Uranium),RAL.TO (OIL) & UXG (GOLD).
This sector can gain more in one day than most tech stocks......so a little patience can go a long way to improve your financial health.
This is not a market to trade with every UP tick......a long term positioning will get the most REWARD.
Markets are BELOW fair value now.......and this BULL will take it to OVERVALUED levels before it is all done & overwith...............so get into INVESTOR mode.
Henry Paulson is giving wall street a big BOOST by proclaiming that housing SLUMP is over ??? I say it is not as BAD as before but it is far from over......give housing 6 more months before builders will be more positive.
Stay in strong stocks...get rid of DOGS...this is no time to waste your precious $$$.....take advantage of opportunity all around wall street.
Good luck on a frenzied wed.
Do your due diligence.
BLOG does not give buy or sell.
Saleem
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