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Strategies & Market Trends : Strictly: Drilling II

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To: SliderOnTheBlack who wrote (26575)1/25/2003 11:31:55 AM
From: ItsAllCyclical  Read Replies (1) of 36161
 
Right now sell stops could be placed at 146, 135 and HUI 125 respectively depending upon how aggressive one trades.

stockcharts.com[l,a]daclyiay[db][pb50!b200][vc60][iUb14!La12,26,9!Ll14][J9808230,Y]&pref=G

Where most traders get into trouble is that they not only fail to sell, but they add more on the way down.

Don't confuse my slight margin status with 100% gold plus a little margin. My slight margin status has everything to do with RRI's recent gains vs being a mega gold bull near term. I still expect RRI to hit a minimum of 10+ over the next 12-18 months. It's one of the few LTBH imho.

About 40% gold here, but if the HUI fails to take out 155 in the next 1-2 weeks will probably reduce back to 30% or less.
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