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Strategies & Market Trends : Strictly: Drilling II
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To: tahoe_bound who wrote (21824)11/13/2002 7:00:09 PM
From: Canuck Dave  Read Replies (2) of 36161
 
That triple top more or less coincides with the gold triple top.

Which is hardly surprising. Is it a bearish indicator, or pressure to the upside slowly building?

I'm betting on the latter in the long term, but who knows how much down side risk there is in the next while. Personally, given the hedges being bought back, I see today's action as an excellent buying opportunity.

But no guarantees, as always.

CD
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