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

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To: Paul Kern who wrote (101825)5/31/2008 8:31:49 AM
From: GREENLAW4-7  Read Replies (2) of 206323
 
Kern-ster, you have not a clue about my account. I never post how great I am,(but thanks) and unless you take offense to being Long, you should rethink those last few words.

I am a contrarian and I have other trades that are not in the OSX sector. Last time I looked we were down 500+ points the last few weeks.

On the contrary my friend, I have said the move up in the products, and let me spell it for you P R O D U C T ' s are being manipulated. Anyone who was only long from the OSX bottom in late Jan and held throughout this incredible run in Oil should be congratulated. But looking at the March - April charts a triple top was forming. I have said it since mid april, and I continue to say it and will do so for sometime. The move in Crude from 85 to 135 is pure hype and total manipulation.

That portended that OSX has had a great, spectacular percentage move out of its channel. When we finally start to reverse which I feel we in currently trying to, it will take only a few weeks if that to take OSX back to the under 300 and under 260.

High crude kills demand faster then you or I think. Add a slowing economy and you will find OSX long bets are on thin ice at best.

If you were really making money you would not be so concerned with my posts. Next time don't play the fence!!

GL
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