SI
SI
discoversearch

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.
Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: getanewlife who wrote (25387)10/18/2001 3:56:42 PM
From: TATRADER  Respond to of 59879
 
still very aggressive, just doing some trading...I just sold the SA's yesterday into the rally....I am not a fundamentalist,but there is something going on with the devaluation of the RAND which is helping the dollar price of these stocks....The commercials are trying to take out the 200 day moving average on XAU at 53.79 and major POG support at 278........With all their POWER and PAPER, and no WWIII in sight, I think they can pull off a quick descent of POG to 270, where they should start to cover....These guys know how to make money in gold....I don't have the data here, but I have heard they are right 80% of the time....They know how to manipulate the gold market....I regretfully will play their game...

Regards, Mark

P.S. I still like DROOY,GOLD,and HGMCY and hoping they will fall a bit so I can rebuy them....If not will catch them on momentum...
P.S.S. If I am right on the commercials, the rebuy area of all gold stocks will be 50.25 XAU.....

P.S.S.S. out of ARBA for scratch, will hold SITE overnight, but will sell it tomorrow one way or another...