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


To: Arik T.G. who wrote (2152)9/25/2001 4:49:15 PM
From: Roebear  Respond to of 36161
 
Hi Arik,
I sold a lot of trading stock late on Friday (last minute decision) and some today (but keeping the LT), will reenter on expected dip to HUI 64 area. (due to H&S on the 1 hour). I agree POG did well, but HUI didn't negate the H&S.

Also positioned for playing an expected bounce in oils soon. DCB or whatever I get, I'll take it, ggg.

Keep us up on the EW when you get a chance,

Best Regards,

Roebear



To: Arik T.G. who wrote (2152)9/25/2001 6:42:47 PM
From: isopatch  Read Replies (2) | Respond to of 36161
 
Hi Arik. <Still there is lots of disbelief in the new bull for Gold,>

You can take that to the bank!

Lot's of skepticism, doubts, fear of CB selling, anxiety about gov intervention/manipulation...you name it.

And lots and lots of DENIAL by people who where given good advice by us months ago to buy the golds and dismissed it (your story is a good example).

But looking across the market what it adds up to is the classic "wall of worry" that every major Bull Market climbs over the LT.

Look at the price charts and you see the positive expression of that in the repeating pattern of 2 steps up...1 step back. Again classic Bull Market action.

Per your question. GLG, GG, AEM and KGC my picks. Right now don't have AEM or KGC but that can change quickly<G>

Please feel welcome to post your gold comments here daily if you have time. We appreciate your thoughtful contributions.

Best

Isopatch