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

To: Roebear who wrote (12696)	5/20/2002 2:10:54 PM
From: kirby49	Read Replies (1) \| Respond to of 36161

Never seen that before Roe. Three eighty by next Sept barring no blowouts sounds good to me<GG>. Only one question, since the hard right edge is where you read a chart, what happens next? Is that when the blowout will occur? No matter what, doesn't show many dips, and each step the time frame gets shorter to allow less on board at each stop. Thanks Bob

To: Roebear who wrote (12696)	5/20/2002 2:17:15 PM
From: Louis V. Lambrecht	Read Replies (1) \| Respond to of 36161

I like what Chris is smoking. <vbg> Only can agree: PoG closed above short and middle term resistances, and silver doing much better. Triple top with higher lows = cup 'n handle with 5.22 minimal target. Take Gold/silver ratio of 70... With a BIG "BUT" on the way up: what will happen if most hedge books start showing huge losses? Will the hedgers start covering with buying the futures all of a sudden? Could be very bullish. Or will they have to cover margin calls at the risk to go out of business?