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Strategies & Market Trends : Strictly: Drilling II

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To: russwinter who wrote (8962)3/6/2002 8:23:15 PM
From: isopatch   of 36161
 
Hooooo Haaaaaaaa!! NG rocket ride in progress!!

Kudos to very few who saw this powerful rally coming.

IMHO, even getting within a few weeks of a major move is the most difficult skill in trading and takes the longest to develop. Even the best I've worked worked for years to get that close more than 1/2 the time. .

Russ, current example reminds me of the parable of the the blind men touching different parts of the same elephant.<G> Each of us employed our differing analysis and DD style to reach the same conclusion. Get long in a big way, before "show time".

No doubt, sharp corrections will occur along the way. They are characteristic of powerful Intermediate Term rallies But, with the usual dips along the way, my view is we're going higher before even the 1st leg of this move is over. With the end of the quarter looming, and fund mgrs underweighted in energy (especially the NG plays) this move could be very explosive.

All 5 of my sm NG explorers up again today on large volume increases. That plus strong action in my OS longs ramped total account value to a new record high by todays close.

Most recent adds earlier today, PDE and CRK both blasted off right on cue:

Message 17158630

Apologies for not replying to all the msgs posted to me. But real world stuff has to come first. Will try to catch up with replies tomorrow.

Best regards to all, cya tomorrow.

Isopatch
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