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

To: t4texas who wrote (6892)	1/29/2002 5:53:02 PM
From: Davy Crockett	Read Replies (2) \| Respond to of 36161

Hi t4texas, BTW I luv the alias... According to the charts monthly, weekly & now daily. I believe u r correct when u say "one has to buy the dips rather than selling and hoping for a good reentry price." I am too scared of missing that overnight $25.00 or $100.00 (in real U.S. greenbacks) move in the POG which in my estimation is quite possible if the unthinkable happens... short-covering <ggg> If I'm wrong... I'm wrong. So then I'll have to pump Franks brain & move on to the next sector. Regards, Peter

To: t4texas who wrote (6892)	1/30/2002 12:04:25 AM
From: nspolar	Respond to of 36161

t4 - astute comments. I'm hoping the damn will break, but I don't put a high probability on it, nor even that high a one on new lows. One thing against it MO is that it hasn't been long enough since the last one. There are some other factors however that could tip the scales. But for right now, let them shorts and PM's run, and watch em like a hawk. I'm watching my shorts most and using my knowledge gleaned from ewave theory. Find it helpful in planning ahead and need to learn more.