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


To: isopatch who wrote (749)8/28/2001 12:15:48 PM
From: Roebear  Read Replies (3) | Respond to of 36161
 
iso WHOA,
Lease rates just cranked up, up .8075 for the 3 m and lesser amounts for the other time frames. Have to check more sites to be certain of this, can anyone else confirm?

Buy those golden dips, FWIW, my tape read says we are VERY CLOSE, perhaps just a shock away, from a large daily increase in the Price of Gold (and that was Before I saw the lease rates)!

I'm stretching my neck out here, but that is what I'm coming up with so I'm going to get it on record. Guess I'll be takin' a K9 vacation if I'm wrong on this one, not from exposure though, just from embarrassment!

Again, I think we are getting close to a possible large dollar up day in POG, based only on my tape reading.

Will be checking to confirm with TA and keep updated to the thread.

Remember, just my humble opinion, everyone is responsible for their own trades.

Best Regards,

Roebear



To: isopatch who wrote (749)8/28/2001 12:41:57 PM
From: Roebear  Respond to of 36161
 
Scratch the Lease Rate Increase, must be bad data, cannot confirm elsewhere.

Here's a chart:

kitco.com

Best,

Roebear