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Strategies & Market Trends : Strictly: Drilling II

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To: Davy Crockett who wrote (2722)10/12/2001 12:19:52 PM
From: Roebear  Read Replies (1) of 36161
 
svenlar and all,
The ramifications of the anthrax event are unknown, but after yesterdays POG drubbing, TA is now showing a tower bottom and a three line break.

If this holds through the day above HUI 66, the bullish implications are significant. While I sold some profitable options yesterday, about 10% of position, in a defensive move, computer problems (all of them!) prevented rebuying near close yesterday. So I added this morning (before the anthrax news). Also added some since.

Reward worth the risk, staying long dated.

Best

Roebear
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