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Strategies & Market Trends : Strictly: Drilling II
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To: gold$10k who wrote (8191)2/20/2002 11:19:39 PM
From: kirby49  Read Replies (1) of 36161
 
VT:

That's just next week. March has historically been a shiny month for gold when she's going. Last March, I reentered the market having seen the XAU bottom in late Nov/Dec. Nice spike up and I was stopped out in three weeks for break even. Thought it was over, but a week later the retracement was overdone so I thought with little risk, let's jump in again and wait. Out at what I consider a scalp in six or seven weeks with +30%. Repeat with longer timeframes and higher returns. And repeat, and repeat. <NG>

Now I'm no guru obviously, but it's not just luck. I'm always watching, just since the internet there's so much more to watch, and it's more interesting with everyone else being here. I only got the internet after I was out of the market in 97 and although I used the computer for trades, it was computer to computer. All charts were on graph paper. Lucky my 85 year old father had been an engineer and liked doing the charting.

Bob
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