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

To: jim_p who wrote (80874)	12/6/2000 1:16:07 PM
From: patim	Respond to of 95453

Gold breaking out. Now 273.30. p.s. Go Jesse. We love you.

To: jim_p who wrote (80874)	12/6/2000 1:36:47 PM
From: ItsAllCyclical	Read Replies (2) \| Respond to of 95453

Added more EEE today in the small cap NG E&P area. Looks like it's going to hold suport in the 2 area (200 dma held as well). Still pretty close to it's recent lows and it's going to have very easy comparisons going forward for the next year with their old hedges at $2 being removed. Dumped my techs again for small gains. Back to holding 50%+ cash, EEE and GLG, DROOY and GOLD for my gold plays. Nice volume on all three of late. I like how the OSX is holding up in spite of falling oil prices, but the XOI just took about it's 200 dma in a big way. Maybe at the start of the new year the majors will increase their budgets, but until it's settled whether or not we're going to have a recession and/or where oil is going to settle I won't be buying too many oil plays. I like many of the OSX plays fundamentally, but the technicals and sentiment are against us short term.