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Message: Re: Anooraq...?? & USD

May 13, 2011 10:04AM

May 13, 2011 10:52AM

May 13, 2011 02:16PM

May 13, 2011 02:26PM

ANO looks like hell right now. My position is not very large, so I'll just hold until all hope is lost (a close below .70).

Overall, caution is definitely warranted. In the immediate term, USD is almost at its first level of resistance at 76. We'll have to see how it behaves at that point. If it pulls back, we'll have a nice commodity bounce / selling opportunity. But if it clears resistance.........

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