Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: gold$10k who wrote (10314)	4/1/2002 11:38:03 PM
From: nspolar	Read Replies (1) of 36161

vt, how true. However George has a point. In my opinion the general market internals have deteriorated significantly. The next few days would seem to be crucial, and if they go the way they appear they could a fair general market correction could be in the offering. Golds could go along for the ride in sympathy, or who knows they could go opposite. Of late PM's have been as much or more in sync as out of sync, and the large COT comm shorts are troubling. It sure would be hell loosing all those profits. I think I'm going to watch my backside here, and maybe even play it a little conservative. I guess I'm somewhat hedged, as I've maintained a fairly large short position. I've seen little chance of this market literally taking off and leaving my shorts behind. The dollar is still in its rising channel, and until it falls out of that, it is still up. However, the gap down today may have been a warning short. Getting interesting here. quotes.ino.com

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