Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: rails99 who wrote (11216)	4/25/2002 9:59:25 PM
From: gold$10k	Read Replies (1) of 36161

Hi Rails, I have noticed that sometimes a sector can get into a rhythm or pattern which can be helpful if you recognize it early enough. This was apparent to me in September of 1998 when the XAU would go up for 2 1/2 days and then down for 1 day more or less. The top and bottom of the channel were so well defined that it was easy to trade. What I described in my previous post was just an observation and possible explanation of XAU's late day selloff. I haven't been basing my trading on it, but I wouldn't mind if some juicy opportunities appeared tomorrow on which to spend my remaining 11% cash. <g> Regards, vt

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