Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: isopatch who wrote (7437)	2/8/2002 4:46:14 PM
From: Roebear	Read Replies (1) of 36161

Congratulations isopatch, On that gold rally call you put in very close to the intermediate low in late November. I think it's interesting that last years rally commenced almost the same time period. This was one of my considerations in staying heavy in the pm stock sector. I was slightly (20%) in margin on this run, having extended a bit beyond fully invested last week. A bit of a risk as I knew I was going to have a brutal work schedule this week, but it worked out nicely, too busy to have any angst about it. Now gains have removed the margin component without sales necessary. Glad to see you picked up some SWC, I believe it is an excellent intermediate to LT hold. LT chart very supportive. At some point I will rotate some profits back into energy, not sure what that point in time is yet, but I'm sure I'll hear about it first on this thread. But right now I'm going to eat something and then just collapse and go comatose, too many 15 hour days on a project that turned out nearly as well as the golds, thank goodness I now have off for almost a week... Cheers to all you Gold Heads, Roebear

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