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

To: Jane4IceCream who wrote (80111)	11/27/2000 12:24:21 PM
From: isopatch	Read Replies (1) \| Respond to of 95453

OT/Jane. Gold just broke strongly above its 50 day ma: So am going to see how this plays itself out. quotewatch.com Don't know when I might eventually sell AEM. It's a LT position which means am (by design) more patient than is the case with a scalp or ST trading position. For me, the gold and gold share markets are much more difficult to read than the various sub-sectors of the energy industry, or for that matter even the broad stock market. Having offered that disclaimer<g>, do think we are setting up for at least a nice ST rally in the gold stocks. Iso

To: Jane4IceCream who wrote (80111)	11/27/2000 12:24:22 PM
From: isopatch	Respond to of 95453

OT/Jane. Gold just broke strongly above its 50 day ma: So am going to see how this plays itself out. quotewatch.com Don't know when I might eventually sell AEM. It's a LT position which means am (by design) more patient than is the case with a scalp or ST trading position. For me, the gold and gold share markets are much more difficult to read than the various sub-sectors of the energy industry, or for that matter even the broad stock market. Having offered that disclaimer<g>, do think we are setting up for at least a nice ST rally in the gold stocks. Iso

To: Jane4IceCream who wrote (80111)	11/27/2000 12:24:23 PM
From: isopatch	Read Replies (1) \| Respond to of 95453

OT/Jane. Gold just broke strongly above its 50 day ma: So am going to see how this plays itself out. quotewatch.com Don't know when I might eventually sell AEM. It's a LT position which means am (by design) more patient than is the case with a scalp or ST trading position. For me, the gold and gold share markets are much more difficult to read than the various sub-sectors of the energy industry or, for that matter, even the broad stock market. Having offered that disclaimer<g>, do think we are setting up for at least a nice ST rally in the gold stocks. Iso

To: Jane4IceCream who wrote (80111)	11/27/2000 12:24:23 PM
From: MetalTrader	Respond to of 95453

jane, I wouldn't pull the sell trigger too soon unless you are trading for fractions. still a good amount of metal shorts in hedge funds which could push a covering uptrend. Stocks have about 20% upside to reach fair value relative to bullion. The dollar has been stubbornly strong due for reasons that I believe will diminish in the short/medium term. demand for petrodollars safe haven move from emerging economies repatriation of off-shore investments by U.S. institutions I'd give gold a little leash for the moment MT