Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Arik T.G. who wrote (32100)	8/27/2003 9:43:32 PM
From: Roebear	Read Replies (1) of 36161

Arik T.G., My own TA tools are looking somewhat blunt after today, ggg. Your read on NEM black crows is similar to what I am looking at on the charts. I stand by my call for 170 HUI on a correction and will further specify the timing to be within 5-8 market days. I'm still looking for a LT bull run in pm's, but it can't all be rocket launch pad days. Now having said that, the price action in PM stocks today came very close to toasting that 170 HUI call, I will readily admit. But now that I've specified a time limit, all we will have to do is wait and see. If I am wrong, we have a strong possibility of 210 shortly. At this stage of the game, I had already begun some light (and rather oddball) hedging of positions. That activity will increase as we go up. Who needs a hedge fund, when you can be your own hedge fund manager? A hedge fund of one, ggg! Best of luck, Roebear

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