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Strategies & Market Trends : Strictly: Drilling II
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To: kirby49 who wrote (6964)1/31/2002 12:47:41 AM
From: gold$10k   of 36161
 
Hi Bob,

I agree that many of them will go to the moon at some point, so I never want to get too far out of my favorites. I made an exception about a month ago when I sold all of my BAY at what was a textbook euphoric peak after a more than 100% runup and just recently rebought. But many of the explorers are still far below their 52 week highs and the POG was probably not much higher at that point than it is now, so why shouldn't they continue higher just on the discovery that they are ridiculously underpriced? If all my holdings would rise to their 52 week highs, my NAV would rise another 40%. <g>

Best to you,

vt
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