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


To: gold$10k who wrote (9063)3/7/2002 3:14:34 PM
From: Paul Shread  Respond to of 36161
 
vt, one thing I've learned about you is that it's hazardous to my financial well-being to ignore you. -g-

Rydex XAU assets have dropped by more than 20% the last two days, and they probably will fall even more tonight, so you may be right. Am looking to add some HGMCY back. 9 is a good support, but at this time it needs to hit that lower Bollinger band, which is at about 8.64 and flattening out.

Still, there are a lot of interests that want to keep the POG below 300...



To: gold$10k who wrote (9063)3/7/2002 3:54:01 PM
From: Eva  Respond to of 36161
 
VT
I agree with you.
Unfortunately I missed to sell at least half of my FGX, so, no cash, but if gold snaps back, so will FGX, no?

Cheers
Eva



To: gold$10k who wrote (9063)3/7/2002 4:15:13 PM
From: Paul Shread  Respond to of 36161
 
Nibbled on a little HGMCY @ 8.80. <eom>