Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: TheBusDriver who wrote (15976)	7/19/2002 10:48:01 AM
From: isopatch	Read Replies (2) of 36161

Big gold buyers stepping in here to drive a thrust like this. Even though a retracement is quite possible on a quick spike like this, it's still pretty bullish price action, looking further out, IMHO. quotes.ino.com Still plenty of short covering going on in the early stages of major bull market in yellow. Nevertheless, portion of buying represented by new longs should continue to increase as the year progresses. Be interesting to watch financial news services to see if they report any detail about the volume of these buys. This is impressive. Isopatch

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