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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (2955)10/17/2001 6:21:15 PM
From: ItsAllCyclical  Read Replies (1) of 36161
 
Israel news - Assasination really the equivalent of a senator here in the US. Isreal will step up the fighting very soon. Don't know why gold has to wait until it's obvious, but such is the case. Once Israel attacks gold should spike a few bucks again and it'll be a good time to unload some trading positions. Loaded up on NEM, PDG and DROOY today. Will trade PDG and DROOY into any spike and continue to hold KGC and NEM long term.

Looking a rally back to the high 280's short term and will sell PDG into that rally.

Up to 80% gold here, but will trim back to 40-60% on any near term rally.
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