Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject	10/7/2003 2:00:55 PM
From: nspolar	Read Replies (1) of 36161

Additionally if one looks at the weekly parameters on the HUI, such as RSI, StochRsi, William%R, they are turning back up. This is exactly what they should do if another major up wave is in progress. The best strategy here imo is to let it take you up, but draw your line in the sand for back tracking, on each step. Leave yourself enough room so you don't just give your shares to someone else on the way up. If indeed this next wave up is in fact in progress, it could be beaut imo. I have this evening free. Going to do some charts and will post them. Have to go outside now and do some work. Limit time left this year here. We have had a repreive from winter, and it won't last much longer.

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