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

To: jimsioi who wrote (25692)	1/15/2003 10:13:32 PM
From: jimsioi	Read Replies (1) \| Respond to of 36161

I love Bill Murphy, bless him.... When down doesn't quite look like up to you....count on Bill "Today was very interesting and perhaps very revealing for an increasingly desperate Gold Cartel, who could not get gold to close below $350 for the third or fourth time. Once again, it appears the path of least resistance is UP, not down." jims101

To: jimsioi who wrote (25692)	1/15/2003 10:17:47 PM
From: Frank Pembleton	Respond to of 36161

jims... with oil closing above $33...low and behold, I'm becoming bullish... Oil Bubbles at 2-Yr Highs on Venezuela, Iraq Fears ca.news.yahoo.com ...but I ain't liquidating the rest of my gold holdings, not just yet...the rising price of crude always signals a rising inflation rate and with inflation...Mr. Laggard (gold) will play catch-up....I'll redeploy some of my cash into the oilpatch in the morning. I'm still looking to buy the "dip" in the goldpatch given the opportunity. I added more Eldorado today, don't forget it'll trade on the Amex on the 23rd, hopefully that'll coincide with a test of $360 PoG. Regards, Frank P.