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

To: Crimson Ghost who wrote (20336)	10/16/2002 1:22:54 PM
From: ItsAllCyclical	Respond to of 36161

George, I don't disagree. Three things bother me though near term. Gold's inability to break 315 today given the market weakness. Gold shares are going up on relatively light volume. Gold should at least retest 310 now that it broke 315. That said gold is very difficult to time. Most of the time when I've tried I've been humbled. That's why I'm still holding onto a modest amount here.

To: Crimson Ghost who wrote (20336)	10/16/2002 1:44:10 PM
From: longdong_63	Read Replies (1) \| Respond to of 36161

George.."But a BIG move up not too far off IMHO." Could be... I see a lot of potential H&S action on some of the gold stocks...DROOY, HUI, RANGY and GFI just to name a few. Caution is warranted on the long side....all I know is yella better giddyup and soon to avoid that neckline.