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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: quehubo who wrote (17927)2/6/2003 8:11:00 PM
From: Archie Meeties  Read Replies (2) of 206184
 
Que, the downside volume on EP makes me cautious, although a reversal tomorrow after a bit more selling is not a bad wager.

You might play with a volume oscillator to time ep. I think dabum is right and that wherever it bounces from it will retrace at least most of the way back. Then (which may be weeks from now) you can use a volume oscillator to see if selling interest has really dried up. pvo was a good indicator in the sept. selloff, oct reversal.

EP is less like catching a falling knife, more like escaping a guillotine. I'd rather add PQUE under 3, and start a position in Crazy-O.

The slope of the ng build for 2003 will resemble 2000, only we start from a lower point. 2000-2001 is the model I'm using for 2003-04. Boom and bust...
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