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

To: Tommaso who wrote (90194)	4/18/2001 3:46:13 PM
From: Roebear	Read Replies (2) \| Respond to of 95453

Tommaso, It would seem that a move like today has to do something of a retrace. Was tempted to do an intraday short around OEX 643, but since it's a Greenie Squeezes SHorts Gonads Off rally, I chose not to. Nothing says the retrace can't happen after expiration. You can call me chicken, but I just barely escaped Greenies Loving the Shorts to Death Squeeze Play before, in 98, ggg! Edit, Here's another reference to that 98 cut, I see I'm not the only one that remembers, I missed catastrophe by 15 minutes, an experience which put tape reading ahead of chart reading for me forever. At least he gave the shorts an extra day this time, ggg: Message 15681215 Best of luck, Roebear

To: Tommaso who wrote (90194)	4/18/2001 3:58:37 PM
From: isopatch	Respond to of 95453

Took ST profit in REMC, largest trading pos In 1st day of rally @ $8.50 out today @ $9.53. Ka Ching!!(g). Good luck with your QQQ short(s). Isopatch

To: Tommaso who wrote (90194)	4/18/2001 3:58:42 PM
From: SliderOnTheBlack	Respond to of 95453

I have to admit... Postal is right - I am "definitley" yellow here (VBG) I'm not seeing much long, or short to excite me; but I did buy some HGMCY back at $4.55 this am via a limit buy/fishing line hanging out there; after dumping in the prior run up to the mid $5's... still got a fishing line out there at $4 as well - it's still perhaps my fav Gold stock here.... waiting on low $15's, or under for NEM - will sit at $13 & $15 and load leap calls if ever sub $10 on NEM; salivating for HM in the low $5's & mid $4's one more time... but, don't expect to see it sub $5 again. Silver stocks SIL & PAAS look to be holding $7.30ish & $2. 4375ish bottoms well here... I've got a nice load there allready & really like silver. PS: Jon Cave - good move on selling the open. I saw the API's last night & even though I wasn't heavilly exposed long in Oils here; I wanted out immediately; I didn't need to see, or wait to see what the market was going to do. I started dumping immediately this morning & was very surprised that many OSX stocks opened a bit up this a.m. - I allmost think the specialists wanted to do a little head-fake on the market. The Institutional volume didn't hit right away - that really surprised me. But ! - that may be good for the bulls - of which I am still leaning in that direction; because that reaction told me that the Institutional Mgrs weren't really "Wanting" to sell here... they were waiting to see what the market did with the API's... they are trimming here - not dumping en masse... but; - that "en masse" dumping may yet occur in the days, or weeks to come... time to watch the crude oil tape very close. Anyone who took profits here - would be smart to "slowly" average back in & to perhaps do so with "calls" if so inclined; as to limit & define downside, to conserve cash and yet to maximize upside leverage. I'm watching Crude Prices - watching the tape for big blocks and next weeks API's will be real, real important. To play the Oilpatch long on any "weighted" basis - I need to see the API numbers fall back under 300/305 M boe & be trending down, not up and we need some positive economic news... not just technical bottom buying in tech off a surprise Fed Cut... that doesn't do NUTHIN for me.... that's a game of "chase" - I don't like to chase... I want to act when opportunity comes to me - I don't want to "have" to react...or, to chase. PS golds up nice today - XAU 52.76 on a NAZ breakout day - whodathunkit ? Gold keeps surprising & it's NOT reacting the way the naysayers have expected of late... that's a wakeup call folks... heed it.