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Strategies & Market Trends : Strictly: Drilling II

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To: nspolar who wrote (10518)4/8/2002 10:56:46 AM
From: nspolar  Read Replies (2) of 36161
 
The PM action is rather disappointing, my opinion. With all the ME unrest and market instability, it would seem the action would be a little better.

Plus the COT comm shorts are troublesome, in their own right, even if they aren't the indicator they used to be.

Look at this, and notice what the XAU did last Aug/Sept/Oct.
Any clues, anyone? Deja vue all over?

XAU 67.5 (approx) is a key level in my opinion. If it doesn't hold, I think I'm gonna have to take a bunch of gains and lighten the load, by a real serious amount. If it does hold we should get another push up.

finance.yahoo.com
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