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

To: isopatch who wrote (6579)	1/18/2002 5:02:57 PM
From: Paul Shread	Read Replies (2) \| Respond to of 36161

Thanks, Iso. How soon do they update that Marketpit COT chart? Looks like we're not nearly at an extreme - yet. Paul

To: isopatch who wrote (6579)	1/18/2002 5:21:46 PM
From: gold$10k	Read Replies (1) \| Respond to of 36161

Isopatch, Right you are on the COTs, but it's also true that the POG was $5 higher last Tuesday when the COT was recorded. Looking at the weekly gold chart the uptrend is very clear and would indicate a fall to about $278 where we also find the 200 dma. But heck, we're already halfway there. stockcharts.com Also, add my congrats to George on his excellent timing. Regards, vt

To: isopatch who wrote (6579)	1/18/2002 9:12:24 PM
From: Secret_Agent_Man	Respond to of 36161

Thanks, Iso, we've talked already and simply put I can't trade ST or IT so daily or weekly fluctuations matter Not. Long physical and would like to get heavier but my last buying was at 271-2, would welcome a dip in HGMCY and GOLD to most recent lows perhaps for 1 or 2 trades but i'm just waay to busy, having to hire more staff to keep up with biz which is good yet at times tiring...(sigh) finally, I can keep the fruits of my labor of love......

To: isopatch who wrote (6579)	1/23/2002 12:29:21 AM
From: gold$10k	Read Replies (2) \| Respond to of 36161

A simpleminded COT buy/sell indicator... I just realized that I had never posted here about my admittedly simpleminded COT buy/sell indicator. When COT falls to 2/3 of the way to its previous low from its previous high, it's time to sell. When COT rises half-way from its previous low to its previous high, it's time to buy. In the last year it gave sell signals on 5/1, 8/14, and 1/15. Buy signals on 7/31 and 10/23. Not too bad for something so simple. vt