Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (16770)	8/1/2002 2:21:04 AM
From: nspolar	Read Replies (2) of 36161

I'm still wave counting. My last count was pretty accurate, maybe it was luck. Message 17755342 The problem however is that the magnitude of the last 5th down blew me away, even though the count held. Much more than anticipated. Now I'm a little afraid we're going to get an extended count down - i.e. more down. So I have not yet re-entered any golds and I even sold a little more before the last big wave down, presently hold very little. I'm also counting the 10 Yr, 30 Yr, and $index. All of these too indicate more ST down for gold, exclusive of lead/lag times. So I'm patiently waiting and heading out for more fishing. Maybe we get to do this PM thing all over again, later this year and into next.

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