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To: Frank Pembleton who wrote (91653)	6/20/2001 1:38:01 PM
From: Frank Pembleton	Read Replies (1) \| Respond to of 95453

Just "stopped loss," myself on Tesco... Regards Frank P.

To: Frank Pembleton who wrote (91653)	6/21/2001 8:29:23 AM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

Frank re: KGC ... I flipped some on a technical trading basis at $1 - but bought back 1/2 yesterday @ .86 cents & have a limit order for the other 1/2 @ .72 cents for today & I have a permanent GTC for the "motherload" at .48 if ever seen again... this is a core hold for any gold portfolio here imho...it's the "POG leverage King" and we've seen it run thru $1.20 on just the hint of a gold price breakout. The chart & fundamentals say $2/$3 when the POG decides to participate ! You can trade it - but; sell it into strength & buy the softening pullbacks... don't use "stops" to trade out of this - because the volatility will allways be there & you'll continually get stopped out... Instead sell the "POPs" & buy the normal pullbacks on this one for trading... to trade KGC - "Trade ahead & out front" of the pack...sell strength - buy weakness... and on any & ALL weakness -> buy it ! The downside to this trading method is that you'll sell into a pop; then get left behind on a followthru breakout... but; as long as the stocks are leading the POG here - I think that's how you MUST trade the gold stocks here... once the POG begins to lead; then reverse & use those stops to take you out on weakness... Just my .02 cents PS: fwiw KGC pulled back from $1.04 to . 82 on just 280,000 negative OBV (on balance volume)... there was NO en-masse selling; just a softening of the "buying/accumulation" rate - period... the chart showed a classic "buy on weakness" opp and I'd gap my buys; not chasing .05 moves etc... I like .68-.72 here & then I'm sitting at .48-.55 fwiw. Sell this one on the big pops; buy it back in "partials" on the normal pullbacks... watch the OBV on the pullbacks - we're getting re-accumulation gifts - ie: nice % pullbacks on low volume.