Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Art Bechhoefer who wrote (11401)	4/29/2002 9:41:31 PM
From: Davy Crockett	Read Replies (1) of 36161

Hi Art, I remember reading somewhere that Oil/Gas use to move in tandem with GOLD/Silver, but not anymore or so the pundits espouse. Personally I think that Oil/Gas & GOLD & Silver are once again moving in tandem. The greatest leverage from what I have read in the past is with GOLD & to a somewhat lessor degree; Silver. BWDIK I guess we will all find out soon enough. BTW, telcos are dead & will continue to be dead until their chart draws a nice 'saucer' pattern. Check out the MONTHLY GOLD charts to determine in yur mind what a saucer type pattern is <ggg> edit: here is one on the TSEGPM bigcharts.marketwatch.com U could also read a 'Cup & handle' too FWIW Note that I'm completely disregarding various indicators.... Regaards, Peter

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