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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject8/10/2002 12:48:10 AM
From: DataBits  Read Replies (1) of 36161
 
Metals moving up

Holding all GOLD and SILVER stocks into September 11 fear zone.

When (not if) Bush takes it to Iraq, the terror and nuclear threats become more real. Foreign investment into the U.S. pulls out, market declines, dollar weakens, and GOLD thrives.

When (not if) GOLD hits $350 per ounce, taking immediate profits as the market bulls attempt to short it.

Hard to justify shorting GOLD near the $315 level but there are fools about.

Heavy in PAAS, will trim 20% next week.

So much for violating wave 1:

Message 17839929

Metals climbing, T.A. not panning out. Expect large returns!

Just my bits
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