Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: BigBull who wrote (59727)	2/4/2000 11:07:00 AM
From: double-plus-good	Read Replies (3) \| Respond to of 95453

Bull, I pointed out a head and shoulders on the OSX and on rig a couple of days ago that went by uncommented on. I mistakenly asked Rory if he could provide a Security Trader update, but I think it is Roebear who keeps an eye on those charts. Looks like the head and shoulders is in play. I'm looking for support at 81-82. Rig appears to be holding up so far but my look at the charts suggests we may see 27 or so before the next attempt to rally. I'd love to be wrong and i frequently am with the TA. Anyone see the same patterns I do? OT as per gold, calls on NEM when its in a funk are a great play but i wouldn't go that route now. The juniors and south african miners are my faves. Bought more Kgc this morning to add to my gsr, gold, drooy, and NEM. interesting speculative play in Canada for copper and gold...TKOCF; don't remember who brought it to my attention but after a look see i thought it worth a small bet. With all the paper asset inflation and the bizarre developments in the credit markets the metals and energy seem like decent bets. i'm short some "fluff" techs to boot...this damned market is so over-ripe. ++good

To: BigBull who wrote (59727)	2/4/2000 11:13:00 AM
From: Roebear	Respond to of 95453

BigBull, Mostly stocks, AEM is my favorite, NEM my next. I would have done much better if I had played futures, both this am and in September. NEM being more active and the "yuppie" gold stock, serves as a good indicator for trading AEM which tends to lag it. Careful, gold stocks are even more of a heartbreaker than oil stocks. Still, I think they have been beaten down enough over the last few years. A lot of small companies have gone under, which should sometime help dry up supply similar to the drilling drought in OS last year, the two stocks mentioned above are relatively safe and well run, they also respond well to support levels etc. Best of luck, Roebear