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Strategies & Market Trends : Strictly: Drilling II

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To: Roebear who wrote (6316)1/10/2002 11:53:17 PM
From: nspolar   of 36161
 
Roebear, FWIW I agree.

My agreement is based on TA. I place primary emphasis on longer term volume adjusted money flow patterns. They look better than they ever have. This has been shaping up for quite a while. No signs I can see of breakdown.

It appears this run has some real legs to it, and will go on for a while. I rather hope it doesn't really pop, as that would probably be negative.

Added more NEM, BGO and a specer I don't want to mention today. Been adding NEM ever since it hit 19.50, off and on. I had held mostly juniors and wanted more large cap exposure. Besides NEM is just plain cheap here. My present plan is to be patient. Just don't think it is time to take profits and try anything fancy now (which is my strong suit anyway).

By the way Roebear, we've had summer weather here now for a while. It is supposed to cool off some, but not yet back to normal cold or colder. Strange winter.

Hope we get some cold soon, for the Yukon Quest and the Iditerod.
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