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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (6352)1/11/2002 1:53:00 PM
From: kirby49   of 36161
 
Frank:

Just my bad written communication skills. My finger is nowhere near the sell button, and I don't even check my PF daily, sometimes weekly in October as I muttered to myself, don't sell your gold at the beginning of a war. But if it spikes to $12 Cdn and I know it will retrace, I might just jump out and in. This might be kind of the opposite approach to the way some daytrade techs all day but don't hold overnight, with these you can lay them off during the day, but make sure you got em in bed with you at night.<LOL>

bigcharts.marketwatch.com

Played this parabolic rise, in at .80 out half at 8.00 and other half at 12.00. Hope to see a few of these. This is the most dramatic I've seen, but plug in any explorer and a version of it comes up. Many say this spike was an anomoly due to worldwide, somewhat forced expansion due to EPA, or just all the Bre-X hype. '72, '80, '87 also had many reasons for the dramatic plays in precious metals, but at no time (including '29) has there been such a massive convergence of negative factors from which the PM's should draw much broad strength as there is today.

Regards

Bob
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