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Strategies & Market Trends : Strictly: Drilling II
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To: re3 who wrote (27846)2/9/2003 8:14:00 PM
From: Frank Pembleton  Read Replies (1) of 36161
 
retired... fwiw, I reckon Slider has been talking about "smart money" and the distribution of gold shares to the common investor. Kinross is a great example of this-- presently the stock is trading within a narrow channel (market tops always act in slow motion) but check out the A/D line:

stockcharts.com[h,a]dboayyay[db][pd20,2!c13!f][vc60][iuh14,3!lf][J10169308,Y]&listNum=4

I gathered he doesn't think it's worth the risk to hang on until the music stops-- personally I think a "gambling" with a small position is alright as long as an investor understands the risk.

Regards,
Frank P.
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