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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: isopatch who wrote (8143)5/30/2001 8:23:35 AM
From: Terry Whitman  Respond to of 52237
 
The HUI is probably a little better for gold miners, but I watch the XAU too. I'm looking for 57-60 on the 'hooey'- Also will be watching the $ and the POG. The POG should hold 270 in the correction, or I may have to lower targets. May test it as early as today.

Congrats on the good day. I haven't been trading much since selling out most of my gold positions. About 80% cash here, not counting my land positions. <g> Am long MCD, NEM, and some oil and paper stocks.

What do you think about the oil trusts here? (TRU, HGT, SJT..) This senate GOP defection should be good for the price of oil. No new drilling in Alaska, etc. I don't see anyone carpooling, and there's no waiting list for fuel effficient cars.(In fact, gas guzzling light trucks continue to gain market share, I believe) The market can still bear higher prices, it looks to me..