Saturday, 19 December 2009

JPM Natural Resources @765p

JPM Natural Resources  fund broke through 800p in Dec 2009. This fund is the 2nd Best fund over the last 10 years. Only BlackRock Gold has a better performance. The fund (Top 5 holdings) is a bet on Commodities which can be very volatile in price. The fund moved over five times by 100pts from the Summer of 2007 to the final breakdown in the summer of 2008. 200pt falls in summer 2007 was only beaten by the dramatic 600p fall from summer 2008 peak to 300p in November.

Use the 50ema (800p) breaking through the 200ema (680p) to signal when to SELL and save losing too much money. SELL triggered @ 820p in Summer 2008. BUY triggered @ 500p in May 2009. Recent low 700p end of October 2009.HIGH 930p May 2008 LOW 300p Nov 2008



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