TIME!

[THRESHOLD]

Entry was under R160 for this thing - it seems - and now I hope for a run to 11GBP - R230ish.

[Preston]

Could be sooner than later. Iron ore $60, Crude Oil at $44,

[THRESHOLD]

The year that just keeps on giving... a relief after the battle it took to make a gain last year!

[prancing_horse]

Couldn't agree more. Everything I've touched has turned to sold. At present enjoying my run with ARL,GND and MRP just waiting, hopefully for another little spurt from AEG.

[kwagga]

Have a look at CIL & GRF

[Preston]

This market is way overheated and BIL has run extremely hard.

[Preston]

The market is going down from here...(omo).

[Eurostar]

It has been a good run together with other positions! BIL testing a key resistance level, if it pokes through, i'll go LONG again ;)

[THRESHOLD]

As I said when I tipped AEG, I am keeping 500 of these for a proper run. A value unlock - especially of her major overseas component - could see a move back to R20. 10m is a nice round figure. A man can dream, can't he?

[Hali]

I think this commodity bubble is overdone..this was more a rally based on money allocation rather then any fundamentals..a sort of sector rotation.. AGL was 105 a week back..Now 153? These moves are unsustainable..If I was long I would book profits soon.

[Hali]

I think this commodity bubble is overdone..this was more a rally based on money allocation rather then any fundamentals..a sort of sector rotation.. AGL was 105 a week back..Now 153? These moves are unsustainable..If I was long I would book profits soon.

[#12]

You are right on the profit taking strategy - Resource counters are volatile, and are not great trend followers. As to whether we are overdone, it is all about the US$, and as long as aunty Janet refrains from raising rates, and as long as the Chinese continue to relax their currency peg strategy, I think the US$ is likely to continue to weaken, and resources will continue, as always, to benefit.