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Strategies & Market Trends : Strictly: Drilling II

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To: longdong_63 who wrote (33592)11/13/2003 9:27:53 AM
From: nspolar  Read Replies (2) of 36161
 
ld, I think there should be more up, but yes it is getting long in the tooth. If it continues up here some really nice gains should be had ... the carrot and the stick.

Keep on eye on these imo, there is info to glean.

sharelynx.net

gold-eagle.com

Some would say it is prudent to be out now, especially gold. Silver is lagging it appears. Silver has to break the 5.50 area fairly soon, or it will probably turn very negative.

A person in my shoes can afford a little risk imo, since I have been in so long. I just may give up a little gains. But for someone who has not, the risk/reward might not necessarily be the best, that is for sure.

Another thing is that the HUI has positively correlated with the general markets very well this run. It makes a person really wonder what happens if the latter turn down hard here.
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