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


To: Frank Pembleton who wrote (2488)10/7/2001 8:05:16 PM
From: isopatch  Read Replies (2) | Respond to of 36161
 
We're definitely on the same page.

LT it's the gold, the domestic security stocks, some energy holdings as a hedge against possible ME supply cut-off and an increased focus on the dividend component of total portfolio return.

Other than that, we most certainly have developed the reputation for kicking butt every time we get an important bear market rally to ride.<g>

I made the rally call last Spring with my "THIS RALLY IS FOR REAL" post in early April. And Slider just made an outstanding, on the button, bottom call this time.

This is THE hot thread and continues it's outstanding easily verifiable record for making the big calls. No question about it. It's sad more people don't benefit by simply paying attention.

From my W.S. experience can tell readers here, for a fact, that many big institutional and hedge fund mgrs pay huge amounts of money every year for the kind of advice that has been shared on this thread for FREE !!

Isopatch



To: Frank Pembleton who wrote (2488)10/8/2001 5:05:03 AM
From: Roebear  Respond to of 36161
 
Frank,
One good call energy, one that didn't work out HUI:

Message 16412959

Sorry I didn't pound table on one, glad I didn't on the other, ggg.

As usual, when HUI didn't retrace, which was quite bullish in view of the charts at the time, I reversed and began looking to add. Was able to finish refill of positions (trading, not LT) last week on dips at price levels very close to out levels. No harm no foul.

Resistance levels on OSX are about 73 and 80 with max resistance at 95. Barring a shock, I don't think we'll get near 95, but also bearing in mind a shock is not unlikely under the circumstances and my winter forecast, I will hold some positions (with a good basis) but likely trade the rest.

Gold has some great looking charts intermediate to long and I remain bullish in that time frame, still struggling with the very short term direction here.
Am undecided at this point on the HUI/XAU movement next couple days, should be bullish. But "should be" never made me much money, ggg. Golds certainly got rid of the short term H&S problem and on the weekly monthly charts looks very bullish. I lack time today to elaborate, but should be able to tonight.

Best Regards,

Roebear