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Strategies & Market Trends : Strictly: Drilling II

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To: isopatch who wrote (1245)9/9/2001 12:55:52 AM
From: rails99  Read Replies (1) of 36161
 
Hi Iso: Agree
on a likely move to the upside. Some of the charts of my favorites show the increase in accumulation that I like to see. Really amazed me on Friday the strength in the price increase for my most favorite GG. Too bad it did not hold the high strong into the close. That tells me too many are unsure of the action we might see next week.

Gives me the feeling that there is not enough demand for the sector to offset possible action of the "cartel", etc. Just too many wary gold bugs still experimenting as to whether they want to go heavy into the long-term holding situation.

Lots of PMtraders still see any good rally as short-lived and I do not blame em. Were you the one that made the volume of GG shares nearly double from the norm on Friday?

Hope you are having one great weekend. Been so busy this last week, just now starting to catch up on reading my favorite websites.

Been attempting to determine what the situation is for China(P.RP.of). With the add to the WTO, Olympics selection, up to now business developments and many new efforts of a sort allowing citizens some new freedoms (gold ownership?): All this is conducive to an explosive growth in productivity (JMHO). Just trying to say I have looked at information, see activity, have come to no conclusions as of yet. Most noteworthy of late: BP pulls out of major pipeline deal.

Back later, Best Wishes;
Rails
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