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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Arik T.G. who wrote (32232)	3/14/2002 11:51:35 AM
From: isopatch	Respond to of 52237

Hi Arik. More noise and cross currents on the gold tape than in any other market due to the frequent clandestine interventions from govs and CBs. IMHO, that makes it the toughest sector of all to forecast - especially in the ST. Before I get bullish, want to see the sm specs large net long position drop substantially. Not even close to that yet. So I'm continuing very light in the PMs as has been my position for weeks. Natural Gas and Oil Service stocks been the major profit center for me, recently. Posted a lot of buys on SD II, beginning about 3 weeks ago. Almost every one has already had a good run. In fact, the energy rally has been much more powerful than I expected. Its impressive price/volume and momentum characteristic argue for continuation with normal corrections along the way. I don't usually set specific price targets. But expect the primary uptrend to take us higher into September. A lot of money is going to be made in the energy stocks this year. Isopatch