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

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To: energyplay who wrote (22043)4/29/2003 5:57:43 PM
From: Broken_Clock  Read Replies (1) of 206084
 
Today was quite a day in Ute land. I sold all MIR because I just didn't like the look of a single ute chart today. Lot of churning in MIR. Makes me think the gaps will be filled. i am hopeful it will drop back to $3.10 or, if I'm very lucky(-g-) it will fill the gap at $2.26.

The risk/reward in having a tax free double in less than 2 months outweighed the pervasive bullishness. We know these puppies can move in both directions very, very quickly. My guess is that FERC will give out some nebulous statement that will temporarily drive the IPP sector down for a week or so.
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