Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: seminole who wrote (74427)	9/24/2000 9:31:39 PM
From: Roebear	of 95453

richard, OT RE:"Buying gold on a Friday because INTC's euro sales are soft is an emotional response to uncertainty..." I've been buying and selling the "emotional responses to uncertainty" with gold stocks for awhile. While I do post with enthusiasm at times, I do my best to trade from my experience on the tape and chart. Including this little non move, I've caught profitably 8 of last 11 moves in gold stocks including the one last September which was my best (since of course it was largest), I was in with a half position before the move and completed the rest of position even before news of the Washington agreement was out. The tape was shouting it. As soon as the news was out I added margin to boot, my elapsed response time to that was very quick. I was in within 10% of bottom (higher with the margin buys) and out within same on the top for a profit in a few days that would make any portfolio for the year. So while I also like MDR and KEG, I like my AEM too. BTW, if this were all dry statistics and emotionless patterns, it wouldn't be any fun and the neural nets would always win. So there, ggg Roebear

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