Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: SliderOnTheBlack who wrote (91663)	6/21/2001 8:54:49 AM
From: Frank Pembleton	Read Replies (1) \| Respond to of 95453

Good Morning Slider; I have a hard 20% rule, any and all stocks in my portfolio that move down 20% from their high I sell. I will not chase something down, average down, bottom fish, whatever... You recommended being completely out of O&G, a month ago? 20% ago? :) -- If I would have listened and acted on your advice, I would set my stops much tighter, possibly as tight as 5%. What I've learned from all this is; nothing wrong with being "in" early, nothing wrong with being "out" early and "protect" capital. I'm still in the market -- precious metals actually - Miramar and Pan-American, the rest is cash. I'll be thinking hard about a re-entry into KGC, keeping in mind that capital protection is my ultimate goal. Regards Frank P.

To: SliderOnTheBlack who wrote (91663)	6/21/2001 11:40:22 AM
From: isopatch	Read Replies (1) \| Respond to of 95453

HUI Chart...etc. Corrective "a" wave from high was a beautiful .382 fib retracement of the entire rally. Textbook stuff. Then, nice abc rally. Now back to the 1st fib @ 62-3. Moment of truth in the next coupla days whether we get "c" wave down to complete the consolidation. My read of TA says yes. stockcharts.com[h,a]daclyymy[pb50][vc60][iUb14!Uh20,20!La12,26,9!Ll14] Longer term, PMs continue to look excellent. Not much time to post lately. Cash level currently 61% after taking profits on sev lg positions. Exited RTN yesterday and day before for ST gain. 4 for 4 there during past 12 months.<g> 32 looks like a ST top, in here. Will reload on dips. Excellent lg cap to trade, and for LTers IMO. Will also reload lg KGC pos (sold last Fri near cls) and several other target PMs. Continue to let lg pos in special situation - LOILY - run for Intermediate to Long Term gains. Otherwise, still bearish on patch. Best regards, Isopatch