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


To: Frank Pembleton who wrote (25340)1/10/2003 7:48:56 PM
From: Little Joe  Read Replies (1) | Respond to of 36161
 
There is a potential double top in $WTIC, but it has not in my opinion been competed, although this is arguable. If it has completed (or if it does, for that matter) it only projects to 28 where there is support and a bottom bollinger band. I am not sure why you would be concerned by such a small top. Maybe I didn't understand the point you were trying to make.

Little joe



To: Frank Pembleton who wrote (25340)1/11/2003 12:21:03 AM
From: Roebear  Read Replies (3) | Respond to of 36161
 
Frank,
Have to agree with you and Little Joe, I don't believe the posters on SDII fit into average investor or average trader category.

We are the survivors, very few traders or investors have had a very profitable year in the last year. The last time I saw figures they stood at about 1 in 20 showing a profit in the last 12 months (though that was a month ago). Much less a LARGE profit.

I'm only up a 100% in the last twelve months or so and some SDII posters make me feel like an underperformer, lol!

The last point you made about gauging investor sentiment from these boards is about right. There’s probably no point in me reminding you that the people that still chat about stocks are the very people that can trade profitably in a bear market. You have to look elsewhere-- because we're not by any stretch of the imagination "average.”

While I am not bored with PM stocks by any means, I'll be spending some time over the coming weeks doing some research into the next Bull sector to catch a ride on.
It may be a year or two into the undiscovered country of the future. Meanwhile, with sharp short term corrections always possible, I believe PM bull has a ways to run, but it's never too early to be getting ready mentally for the next big thing.

I'm mainly centered on equities in my futurequest, but not exclusively so.

Anyone with any thoughts may feel free to contribute, my own thoughts are only in the exploratory stages right now. I'm early, as usual, and won't have much to contribute of my own till I've done some more work on it....Strictly Drilling for Ideas.

Best Regards,
Roebear