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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: jim_p who wrote (12467)	8/23/2002 2:08:35 PM
From: kodiak_bull	Read Replies (1) \| Respond to of 206330

I added some PGO today at 75 cents, still figuring the upside is somewhere between a lowball $2-3 and some sort of true return to value in the $5-8 range. For these kinds of returns, it will pay to be patient. Kb

To: jim_p who wrote (12467)	8/23/2002 6:18:28 PM
From: chowder	Read Replies (1) \| Respond to of 206330

Brother Bum, Last Friday, I posted right here in the BBR that there was something up with PGO. I mentioned that the MACD Histogram was rising while the price was falling. This is known as a divergence. The histogram and price should head in the same direction. I didn't know what was causing the divergence at the time, didn't really care either, I was more concerned with the timing in purchasing my shares. The news that has come out in the last couple of days confirms somebody was accumulating PGO. The MACD Histogram showed this. The price reflected that someone was trying to keep it quiet. You can't fool Mother Nature and you can't fool the technical indicators over several days. Here's the link from last Friday. Message 17887732 The indicators nailed the pop we saw back in March when the stock went from $5 to $7 in two days. The indicators nailed this pop as well. Knowing what to look for allowed me to participate in each move. I publicly stated each time when to buy PGO. Each time was successful with a powerful move in a short period of time. I'm not smart enough to know that on my own. Maybe, just maybe, there's something to these indicators. PGO up 97% for the week, courtesy of "The Divergence." stockcharts.com[h,a]waclyiay[d20000823,20020823][pb50!b200!b10!f][vc60][iut!Lh14,3!La5,17,9]&pref=G An interesting side note. I've only owned PKD twice this year. Each time I sold it and rolled into PGO. I see a trend developing here. <lol> dabum