Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: gold$10k who wrote (15006)	7/1/2002 4:48:12 PM
From: Roebear	Read Replies (2) of 36161

vt, One of us should run the others account while on vacation, we are so close on our moves, lol! Just to add a note of humility, I started out the morning jumping on a tech stock which had all the right st indicators going for it. When it began to fail, I was out promptly on the next bounce up and immediately back into golds which were indicating some strength at support, albeit tentative at that point. It was then clear to me that if that techie couldn't hold when it had everything going for it TA wise, then the 3Q was not going to start well for the NAZ and would reverse up for the HUI. BTW, that little tech lesson cost me 250 bucks. I could have got out even buying the first support low and selling the next bounce, but the position risk of it was becoming very high and I decided to focus on the gold/silvers. I don't mind missing a tech rally, I do mind missing a HUI rally and CATCHING a tech fall!! Best Regards, Roebear

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