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


To: Louis V. Lambrecht who wrote (7646)2/12/2002 11:24:35 AM
From: Davy Crockett  Read Replies (2) | Respond to of 36161
 
Hi Louis,

No question in my mind that the charts are indicating some sort of pullback or consolidation is due.

Personally, I have found it very difficult to trade in this nascent baby bull market in Gold/silver stocks. So my favoured approach is to hold on to my positions & to rely on the weekly & monthly charts for exit & entry positions.

I have abandoned intraday & daily trades in the PM sector. FWIW

Regards,
Peter

edit: still waiting for the $25.00+ overnight spike in the POG <g> That day will be a very rude awakening for the shorts...