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Strategies & Market Trends : Strictly: Drilling II

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To: Paul Shread who wrote (14316)6/13/2002 12:28:09 PM
From: t4texas  Read Replies (1) of 36161
 
73 looks like the line in the sand to me too.

i agree. the xau needs to hold here at about 73, so to respect the trend i have to buy back some of the stuff i sold. i am not going whole hog, but i have got to be buying back now. if we break down below 73, oh my, i will have to sell 'em back cheaper fast. if we can hold here for a few days, i will have to overload 'em.
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