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Gold/Mining/Energy : Big Dog's Boom Boom Room

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From: upanddown	4/15/2007 1:26:13 AM
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Looking at a two year chart of the Dow Jones U.S. Oil & Gas Index, you see a very steady rise over that period. finance.yahoo.com^djusen;range=2y;indicator=bollinger+volume;charttype=line;crosshair=on;logscale=on;source=undefined Within that rise, I also see a selloff of about 10% that occurs like clockwork approx every four months and lasts for about a month before the advance resumes. If you date the current advance from the low in early Jan, then we are 3+ months into that advance. I'm wondering whether we may have a leveraged play here by the end of April using the ultrashort (2X) ETF DUG? Trees don't grow to the sky and a lot of the index components have difficult comparisons coming this quarter. If I do it, it will be with tight stops. John

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