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Duluth Metals Ltd DULMF



GREY:DULMF - Post by User

Post by member321on Mar 15, 2011 10:41pm
283 Views
Post# 18291151

Metals and Mining Reversal?

Metals and Mining Reversal?
Something interesting in the Capped Diversified Metals and MiningIndex.  At the end of February - first week of March it looked like theindex was headed back up to the 50 day moving average when global eventsintervened and sent the index into a nose dive.  However, look whathappened two days ago and today.  Despite the Japan earthquake and thenuclear plant meltdown threat the index did a dramatic reversal on theday and ended up 20.52 points or 1.54%.   This is very early but giventhis reversal on a panic day of selling this may be indicating the startof a reversal in the sector.


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