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

To: Roebear who wrote (12559)	5/17/2002 3:22:10 PM
From: gold$10k	Read Replies (3) \| Respond to of 36161

Roebear, I'm still at 16% cash, so not betting the farm on immediate liftoff. I try to position myself for profit or at least loss avoidance in either case. Easier said than done. <g> Best, vt

To: Roebear who wrote (12559)	5/17/2002 3:32:18 PM
From: nspolar	Read Replies (3) \| Respond to of 36161

Roebear, I went back in with half my cash over last two days. Mostly silver and gold laggards. Seemed worth the risk. If I'm right, rest later. Still have considerable shorts out in gen market as well, and I think the probability rapidly improving that we are finally near the point where some real pain in gen markets begins. It needs a good broad based wash out, real bad. Would be good for folks to prepare a list of future buys, some might be coming up. I for one could use a little more diversification. If iso keeps harping on them gassers long enough, who knows, maybe a play will be to rotate some PM's over to some gassers, over the course of next month.

To: Roebear who wrote (12559)	5/17/2002 3:34:17 PM
From: isopatch	Read Replies (1) \| Respond to of 36161

COTs show........ Commercials reduced their net short position via increasing their # of long contracts a great deal more than their shorts. Specs also reduced their huge net long position with some fairly significant liquidation. cftc.gov Add this to the rise in lease rates and looks like the ducks are again lining up for the bulls.<g> What do you think about a gold ramp on Monday? Cheers, Isopatch