Short materials sector

Discussion in 'Stocks' started by a529612, Apr 25, 2006.

  1. Most of the charts in this sector look very extended and are due for correction like oil stocks. Any thoughts?
  2. Anybody else's ideas are just going to cloud your judgement so why bother to inquire?
  3. Chagi


    Assuming that you are referring to commodity stocks (oil, steel, etc.), I was actually just about to post something similar myself.

    Not going to post any charts, but here are a few names that caught my eye re: bearish potential:

    Imperial Oil
    Canadian Natural Resources Ltd.
    Russel Metals
    Western Oil Sands Inc.
  4. Chagi


    Isn't that what this particular forum is for, discussion?
  5. I'm willing to have my judgement clouded once in a while, thanks.