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

To: TheBusDriver who wrote (11499)5/1/2002 12:00:06 PM
From: Frank Pembleton  Read Replies (1) | Respond to of 36161
 
Wayne... I started buying once NT was down 4% and the black line was crossing the red on that Kitco stock chart. Big thing here was I couldn't get the latest quote on the POG because the server was overloaded. I can add you know... 2+2=4 -- see? I sold the shit out of NT @ market ... started buying Eldorado @ $0.99 all the way to a $1.05 as the POG was rising.

I also added more NGX @ $1.81 and added more Sultan at $0.26 - althought I'm thinking I'm a bit premature here because I haven't seen any analyses from Russ or Jim Steel on their last press release.

Regards
Frank P.



To: TheBusDriver who wrote (11499)5/1/2002 12:26:47 PM
From: waverider  Read Replies (3) | Respond to of 36161
 
This pattern of shaking out traders on rallies, and then not letting back in is becoming a habit for the XAU. If this isn't a bullish sign, I don't know what is. That said, I only picked up more NEM calls yesterday...nothing else.

Bought RIG this AM on the dip. See it going to at least 48 on this run. Minor resistance at 37.50. If it pulls back there I'll add more.

wr


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