Tuesday, June 20, 2006

URANIUM BULL

figures are up slightly after the housing numbers, which are interpreted as modestly positive. Most commodities are flat as well. It looks another direction-less, slow day, which again favor the down side.

I am looking at some uranium stocks, both large and small caps. The group has come down significantly, particularly large cap such as CCO. This is an extremely popular stock and always expensive. Is this a rare opportunity to add this name on discount? Chart still looks pretty healthy and fundamentals for uranium remain strong.

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