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To: SliderOnTheBlack who wrote (91121)5/23/2001 4:19:49 PM
From: patron_anejo_por_favor  Respond to of 95453
 
<<API & AGA trend is giving us a freebie early-short trade here... this most recent inflow of money atop Bush's Energy Plan may come right back out>>

Agree, and I shorted APC today at 66 (before the API's). So far, so good. I'm looking for OPEC to raise production next month as well, have bailed on (nearly) all patch holdings.

Nice action on gold shares today, especially NEM, which looks like it's trying to put in a pivot low:

stockcharts.com[h,a]daclyymy[pb50!b200!d20,2][vc60][iUb14!La12,26,9!Lg20]

I expect some consolidation tomorrow, and the GDP revisions on Friday should get us going again in the right direction.

Regards

Patron