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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Arik T.G. who wrote (292)	8/21/2001 11:05:52 AM
From: yard_man	Read Replies (1) \| Respond to of 36161

On a little longer time frame, it appears to me that we've had some "2" corrective action from Mid may to the 1st of Aug stockcharts.com[m,a]daclyymy[d20000801,20010821][pb50!b200][vc60][iUb14!La12,26,9]

To: Arik T.G. who wrote (292)	8/21/2001 5:59:31 PM
From: isopatch	Read Replies (2) \| Respond to of 36161

Sounds about right to me. Hope gold does dip further, So far, that darn GLG just is just refusing to go under $3 for me<G> You know, when we talk about gold bullion swings, I think it's important to remember that individual gold stocks react very differently depending on the strength of their individual uptrends. GLG will be one of the last to have a dip. Even then it might not be as low as we'd like for an entry. It's more of a trend rider's stock than a trader. KGC is a better choice for ST swing traders. Just put up the two charts and the contrast jumps out at you. If you like both kind of trading/investing then work with both of them using the appropriate style with each. That's what I do. Anyway, getting back to gold bullion. My guess posted somewhere<g> bout a week ago was $268-72 for this low in cash gold. Then on to at least the 290s in the wks ahead. What are your projections? TIA Iso