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

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To: chowder who wrote (22325)	5/8/2003 2:19:58 PM
From: ItsAllCyclical	Read Replies (1) of 206097

Took substantial profits on HOFF today at 4.5 ish, but keep shares purchased below $3. Looking to add sub $4 again if seen. Still very cheap fundamentally, but RSI looking oversold and running into 200 dma as resistance at these levels. Can't believe we'll break it the first time. Also have share overhang around 4.5 that'll need to get worked off. Volume on RRI very bullish imho. I think we'll recover and stay around these levels or higher in the next few days. Bought back in my IRA, but waiting in my main account to see if 4.5 or less will be seen. May options will put pressure on RRI to close around $5+ by next friday.

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