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Strategies & Market Trends : Strictly: Drilling II

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To: ItsAllCyclical who wrote (23968)12/20/2002 5:48:07 PM
From: isopatch  Read Replies (4) of 36161
 
Exactly! <Don't Sell Strength>

A powerful breakout on a massive surge in volume is very bullish for the Intermediate and Longer Term.

If MNP weren't already my largest Jr gold position? I'd buy even more! One of the keys to making big money in stocks is learning how AND when to.....

<Let your profits run>.

And luv the way folks keep showing up and posting their sales and calling a top every few days.

As soon as I posted my buy - a week ago Wednesday - 2 posters immediately called for correction in the XAU down to 63. One guy even kidded me that he'd sold me HIS SHARES.<g>

Instead the golds blasted off and MNP has been one of the big winners. LUV it when people try to fade me.<lol>

This is an Intermediate term rally and we are NOT at a major top YET. Corrections, especially sharp quick ones are ideal opportunities to buy or fill out existing positions.

But as Dennis Miller likes to say, "This is only my opinion. I could be wrong".

No guarantees. Do your own DD and always make your own decisions, folks.

Isopatch
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