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

To: Frank Pembleton who wrote (15580)	7/11/2002 2:36:07 PM
From: waverider	Read Replies (1) \| Respond to of 36161

I dunno...I just am seeing a lot of thrashing around in the gold sector over the past month. It should have been able to break into new highs by now if all the evil things are going to come to pass that we have been discussing. Picking up the down and outs appears to be a better risk/reward thing at the moment than holding or buying new positions in PM's. wr

To: Frank Pembleton who wrote (15580)	7/12/2002 11:19:15 AM
From: geewiz	Read Replies (2) \| Respond to of 36161

Frank, I know you follow the gold stocks a lot closer than most of us and so I direct my question to you although I would welcome anyones' thoughts; There are several massive volume spikes that coincide with big share price drops; most notable were at the close of the market yesterday, the 11th. Here are some 5 day charts of a dozen from Yahoo and notice in particular the canadians, MDG,GG, and AEM but I also notice similar in DROOY...... with the price of gold closing up on the 11th it is very unusual that such significant sales occured at the close, after the North American bullion desks were closed. I would apprecitate anyones' comments. finance.yahoo.com thanks, art