Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Eva who wrote (32924)	10/8/2003 12:32:03 PM
From: nspolar	Read Replies (1) of 36161

Eva, imo Drooy and CDE trade similarly. They are both extremely difficult to time. If you get irritated with either, stop out, etc. you may just go backwards or go nowhere. I prefer to apportion my portfolio such that I can take what each dishes out and be patient with them. If you believe in a LT gold bull market, I think you have to believe both have very high potential. Right now look at the weekly momentum and Williams % R patterns on Drooy, and the daily and weekly OBV. There are some very positive signals here. I'm behind in my Drooy as well. Maybe the only pm in that boat, but I have not given up. The HUI has to go just a wee bit more here imo. A weak close will not suit me very well.

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