Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: waverider who wrote (11507)	5/1/2002 12:30:09 PM
From: TheBusDriver	Read Replies (1) \| 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>> I think they did a pretty good job this last time. But the more often you do it the less effect it will have. All mine are jrs and they were hardly effected. wayne

To: waverider who wrote (11507)	5/1/2002 12:41:59 PM
From: longdong_63	Read Replies (1) \| Respond to of 36161

Wave..XAU shakeout. It also could be a topping sign ST since the dailies and weeklies are ST overbought. Something to watch also.

To: waverider who wrote (11507)	5/1/2002 12:51:19 PM
From: rolatzi	Read Replies (1) \| Respond to of 36161

I'm having the same trouble picking up more PM stocks. I keep waiting for stocks to hit trendlines or 50% retracements. They either don't or do it so transiently that I don't get a chance to place my order and get execution. That said, I have been selling puts on NEM every small correction which have been expiring with out value. Picked up 20 June 27.5 puts yesterday. I expect that they will expire worthless but if they don't and I get put the shares, I will be happy to buy them at $26. In the meantime, I haven't sold my core holdings. Ro