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


To: Jerry Olson who wrote (37336)6/24/2002 7:16:19 PM
From: Lucretius  Read Replies (1) | Respond to of 52237
 
all??? what about a down bet? -bg-



To: Jerry Olson who wrote (37336)6/24/2002 7:40:42 PM
From: Roebear  Read Replies (2) | Respond to of 52237
 
OJ,
All bets are off under 316 POG?

But if you don't trade'em:

Message 17621994

Well, like Livermore said, the old horse race saying, you don't know until you bet, ggg. For the record, I've been trading energy and PM stocks for quite awhile.

As I inferred in my previous reply to your previous "<316 and all bets are off" post, a drop below 316 would not surprise me. Running stops (both directions) is par for the course in the golds for one thing. For another, a steep correction of a few weeks fits some of my chart studies. I agree a correction is coming, but that won't be the end of the gold bull.

Accordingly, I sold most of my PM longs near the beginning of June and have been daytrading the PM stocks since, taking some nice profits on the daily moves,
waiting for the retrace to hit my levels,
All of which are under 316. How far under I won't say till I'm back in PM positions with more than a one day or less hold. Some of my favorites are still a fairly thin market.

So we shall see, but it would be more fun to watch it together if you threw a few nickels into the game (long or short), VBG.

Best Regards,

Roebear



To: Jerry Olson who wrote (37336)6/24/2002 8:50:37 PM
From: Frederick Langford  Read Replies (3) | Respond to of 52237
 
Everything goes up and down in this current market.
Just look at the Semis.
Sure gold will go up and down.
My bet was we would see 325 before 316 and bidda bing bidda bang, I WON!

Fred@bigbetter.com



To: Jerry Olson who wrote (37336)6/24/2002 11:59:06 PM
From: LLCF  Read Replies (3) | Respond to of 52237
 
<gold futures popped and sold off large today...if we break 316 i'd be heavily shrt gold..and i mean big...>

???? Whatchewschmokin????

DAK



To: Jerry Olson who wrote (37336)6/25/2002 4:40:49 PM
From: penderjus  Read Replies (1) | Respond to of 52237
 
Jerry,let me know if you short Gold so I can relay that message .You know your my go away angel?