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

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To: chowder who wrote (39591)2/27/2005 8:55:58 AM
From: Roebear  Read Replies (1) of 206321
 
dabum,
My guess is Big Guy was talking about the comparison of these two charts:

stockcharts.com[w,a]waclyiay[pb50!b200!d20,2!f][vc60][iut!Ub14!La12,26,9]&pref=G

stockcharts.com[w,a]waclynay[d19971227,20000527][pb50!b200!d20,2!f][iut!Ub14!La12,26,9]&pref=G

As to my opinion? The above two charts have been on my mind also along with the obviously parabolic curve of the XNG. Too much hype and participation at this stage, so I would expect a sharp correction soon. By Fridays close I closed most of my energy positions.

CAVEAT: Of course I thought the same thing in last half of 99 with the NDX and it had a ways to go, I'm usually early on the exits...

Best,
Roebear
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