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Strategies & Market Trends : Strictly: Drilling II
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To: Frank Pembleton who wrote (16802)8/2/2002 1:54:53 AM
From: rails99  Read Replies (1) of 36161
 
Thanks Frank: On PMs: Still got a bit of the explorers: Mostly CBD WTC SWG with secondary shares of GNG BGI ALS IMR MOY NGT CKG FPX IAU; plus third tier of DY and a smaller bite of Cadre. Seems like MFL and ELD are more trading shares lately. Want some more of the MFL. Kind of like RIC and GLG on certain days. I will definitely check the latest from Russ and thanks again for the information. As for CBD; I continue to apply some capital towards the endeavor.

Do you maintain a heavy allocation to the PMs? I believe it quite important that POG has held above US $290.00; more so than the fact it did slip below the 305.00 level. I will say I think it reasonable to limit the downside risk as the price falls towards the 290 spot.

Please be assured that I watch that PGO like a hawk. Should be OK as long as I suffer with a big gap down on it. Wish I could say that I just have some free shares, but the story is: Not yet. Had a chance to keep some free shares of PBR-A and TSO, but took all the profit out of the trades. Bailed out of the WMB before it got back to my entry point. TSO had some fair news lately, but I am not certain about the prospects as of yet. If anyone feels they have a chance they could let me know, Eh!

Regards;
Rails
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