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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject10/8/2002 4:58:43 AM
From: jimsioi  Read Replies (1) of 36161
 
P&F charts for HL and HGMCY

Since HL's chart looks reasonably positive thought I'd offer it up. Suspect that unless there is some news that quickly follows up the move we'll see a pull back to the $3.80 area, where I suppose one would want to be a buyer or adder as the case might be.

stockcharts.com[PA][DA][F!3!1.0!]&pref=G

Does appear today will be one for the miners' dip buyers, to the extent there are any out there. Strong indexes over night, weaker Gold, stronger dollar ought to provide that type of opportunity. If miners don't break down and or recover, now that would be worth paying attention to here...imho.

HGMCY trading about 156R or $14.90 equiv. overnight, obviously holding the $14.50 lows so far, but a quick plunge down to $13.50 or as low as $13 looks like a number I'll wait for unless Gold firms toward the close.....significantly. Patience patience.....

stockcharts.com[PA][DA][F!3!1.0!]&pref=G

jims101
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