Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who wrote (10765)	8/7/2002 10:04:04 AM
From: Dave Gore	Read Replies (1) of 16631

Sold HGMCY at 12.90; will watch for re-entry. The strong start again resulted in MM's overly ramping up prices and as usual. They then pulled them back fairly sharply as they often do (even if the market doesn't pull back). Of course, gold bears watching until it closes a litle later on. I decided to take a quick profit in HGMCY when it reached whole number resistance and couldn't break above it. *** Let's see if we ramp after 10-10:30 am, just sit, or pull back. This is a tug-o-war now between longs and shorts the rest of the day.

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