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


To: loantech who wrote (24808)1/4/2003 6:50:32 PM
From: jimsioi  Read Replies (1) | Respond to of 36161
 
loantech, been long am long

Yes, I have been long mining shares in varying amounts for years...In the last month or more I have increased my position to its max and become more of a holder than a trader, feeling the trend pretty well intact and likely to extend. Generally, I have been too conservative in my expectations for the miners. Admitting this, perhaps is a contrary indicator all of its own, thus I'd advise those on heavy margin might be just a bit concerned we're in for an unanticipated correction at this point...Freeing some oil from the SPR, or any progress toward the Venezuelan strike's resolution would do it....Look for highs on the opening Tuesday if Monday finishes firm.....