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: ezspkns who wrote (88331)	3/3/2001 10:16:39 AM
From: Roebear	Read Replies (1) of 95453

ezpkns, The SS BUBBLE had better take its snow shovels to work clearing the Wall St Deck this week, The Perfect Storm is coming: accuweather.com Batten down the hatches if this one comes through as Bastardi thinks it will!!!!! 18 inches to THREE FEET in Harrisburg PA! I'll be winning a bet for a lb of Jamaican Blue Mountain coffee on this one if it happens. I, as you may have gathered from my recent posts, have pulled way back, like 90%, from my gold stocks. They will remain on my radar screen as they have not broken my support levels, such as 50.3 on the XAU. I can always jump back in, but the action just does not look promising right now. The flat line scenario for the markets is one that has been giving me nightmares for a few weeks. It creates a difficult market to make any money in and it would be a new animal for me and most traders, something we've no experience with. Livermore had a wonderful saying about such a market that occurred for a period of two years or so a bit before WWI, guess I'll have to look it up, it was a great quote, but danged if I can remember it. Keep up the good work, Roebear

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