Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: gold$10k who wrote (6958)	1/30/2002 11:30:54 PM
From: kirby49	Read Replies (1) of 36161

VT: It's a good plan, but I find it hard to implement. NSU has really jumped in a week, but I can't find it in me to sell my MFL at +70% to raise the cash for it or other laggards. I know NSU will fly at POG 340, so think it's move is premature. With NSU and a couple others moving, I'm up 10% in two days. Other nice problems exist in my 9 positions. I'm trying to keep the stops tight at entry prices and the highest gainers and leaving them looser for those in the middle. It could also be that there is a divergence that will continue between equities and bullion. Why not? The commercials were short all the way up in the mid 90's and that didn't stop CBD or BGO from getting above $10. CBD up about 8% today. SWG was up in Sept but is now lagging as is AZS. Just waiting for a few of them to become marginable.<G> Bob

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