Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: nspolar who wrote (35747)	1/28/2004 9:53:20 PM
From: Charles Macdonald	Read Replies (3) of 36161

"Went in very deep in USPIX, near the bottom. He may have had some previous buys. He is smiling big the last few days I am sure" Same feeling with RYVNX here the last two days. I had originally thought Monday/Tuesday of next week would be the pivot point for the correction in Golds - Still thinking we will have a better perspective of future direction and MoMo early to mid-next week. Today's action lends me to believe we may see a further (temp) shakeout on Thursday or Friday that will let us take a shot at Drooy 3.26 - 3.18. Still think this action is more FED positioning verus a change in trend. MDSEF holding up fairly well the last couple of weeks. Bought more VGZ today and will add on further weakness. Other than sitting on some core positions, have traded PMU and Drooy over the last couple of days as small attempts at day trading (not my usual MO). The swings and volume are working in my favor. Anybody holding or buying CUSIF here?

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