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Gold/Mining/Energy : Position Trading in Canada

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To: Vitalsigns who wrote (1998)1/26/2000 7:04:00 PM
From: Ward Nicholson  Read Replies (1) of 2259
 
PDG:

WARD , where are you????

I've shut my mouth until I can get my trading wits about
me. LDM was a fiasco and I'm trying to trade my way out
of it. I do this every two years or so...one horrendous
massive whipsaw that chews me up and spits me out.

PDG breaking down , we could see 10.50 - 11 before its all done.
I am looking for an entry point soon. whats your take?


I'm watching it, but I'm not stepping into this pit of snakes
until it reverses. I'm anticipating a one-day bottom reversal
similar to that in the summer of 1998. I was itchy to buy gold
a couple of weeks ago and now I'm getting ULTRA itchy. Your
numbers for a bottom sound good to me. I was just looking at
it last night thinking $11.50 - $12.00 for an initial position.
I'd be slobbering over my keyboard if it went to single digits.

WN
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