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Strategies & Market Trends : Strictly: Drilling II
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To: Bert who wrote (25631)1/15/2003 4:58:40 PM
From: jimsioi   of 36161
 
bert, the $$, miner buyer today (GSS GLG WHT)

Bert, the dollar turns and takes out 101.70 now and it might have a little run...and probably in the course there of take Gold down through $350 decisively. I saw today as an opportunity to reduce cost basis and reinstated some positions sold earlier in the week....Got lucky and bought GSS at the low, GLG not far from its and more WHT at 96 cents which seems like a good deal relative to its prospects.

Percent portfolio devoted to miners didn't increase much even with the lift and buying due to good day in the E&P sector and CanRoys....PWI particularly.....subject of Wall Street Transcript recommendation.

Dollar Hourly.
charts-d.quote.com:443/1018861645530?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:DX00Y&Interval=60&Permission=342490&Ht=400&Wd=600&Display=0&Study=&Param1=&Param2=&Param3=&FontSize=10
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