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

To: energyplay who wrote (82273)	12/21/2000 9:41:12 AM
From: MetalTrader	Read Replies (3) \| Respond to of 95453

watching vix and put/call ratios indicate improvement in "near bottom" indicators...but there are still sellers available to throw another bundled certificate log on the fire. when the volatility index has been at the +40 levels the market has been building a bottom, but it could still be a couple months away. wrote calls in core drillers last week and missed the burst of early this week, but rotational lemming behavior tells me at first sniff of a tech bounce those calls will be safe. buying eurobonds for inevitable dollar drop when fed and central bank have gotten ducks in a row for january fed cut. mt