Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: kodiak_bull who wrote (95247)	2/12/2002 8:51:47 AM
From: chowder	Read Replies (1) of 95453

KB, your timing on gold is truly impressive, not only your timing on the purchase, but your timing on the selling as well. Some of the best trading I've seen when it comes to accuracy AND timing. Gold stocks getting a downgrade? What are those analysts thinking of? Gold is expected to rise higher but I suppose the big boys need to drive the price down so they can get on board this time. The XAU is showing an "island reversal" top. This indicates we should see some more downside. stockcharts.com[h,a]daclyiay[pb200!b9!b50!b36!b18!f][vc60][iut!Ub14!Uk14!La12,26,9!Lc5!Ll14!Lg!Lh14,3]&pref=G Some profit taking is due. Keep an eye peeled though, there may be an opportunity to go long again, provided someone wants to play with this stuff. dabum

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