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

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To: isopatch who wrote (88728)3/16/2001 7:50:42 PM
From: Roebear  Read Replies (1) of 95453
 
iso,
A brilliant scoup that article. Contrarian indeed, if Joe SixPack is pouring money into the market and the market is still tanking, then WHO is doing the selling, VBG!

Let there be no confusion, I am still bullish on gold and silver stocks, but I am biding my time, having all next week to cipher the tape and pull the trigger. After Bush signs the tax cut, then my trigger goldfinger will be getting very very itchy, if I have to wait that long.

I see that Non Opec producers have reportedly joined forces with OPEC again, guess we find out for sure tomorrow. That will nullify some of my concerns and JimL's, if it transpires.

Could save the OSX chart also, but I am wary of the broad market influence.

Best,

Roebear
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