Metals and JPM's to Rebound!
posted on
Jul 10, 2011 01:29PM
(Edit this Message from the "Fast Facts" Section)
The folowing excerpt from Pinnacle Digest.com bodes well for the Metals/JPM markets over the next 6 - 9 months . . .
As debt issues in Europe and the United States continue to keep us on our toes, we believe a short-term solution will surface just as it did last year. This will create a broad market rally likely in the range of 10-15% before the year is out. It will also keep the bull-run in commodities alive and well. Junior miners will likely be the biggest beneficiary of this upcoming rally. In the coming months, we believe this sector is due for a major run-up. Positive drill results will once again have a significant impact on share prices - no longer will they be ignored by the markets as they were in May and June; couple that with the fact that junior miners were the worst asset class hit in May and June's market pullback. It is only natural they will see a significant positive correction with money flowing back into the sector.
The long-term picture remains bleak. With that stated, if you take advantage of this upcoming rally we believe awaits us, it'll allow you to accumulate enough capital to cherry pick stocks for pennies on the dollar when the market does eventually collapse (within the next 24 months). Always remember that over the course of history, a typical bull market lasts 3.5 years. This bull market began in March of 2009. We are nearly 2.5 years into the rally and if history is our guide, we have roughly 1 year left in this bull market (let's call it nine months to be safe). Despite all the turmoil surrounding world economies, now is not the time to turn your back on the market. There are major profits to be had and this is accumulation season.
GLTA!
jdub
P. S. I hope the stupid "Play Pickle" ads aren't showing up on your end . . . I don't know where the heck those came from, but my granddaughters have been playing games on my computer . . . hmmmmmm.