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

To: Broken_Clock who wrote (25791)	1/16/2003 4:27:31 PM
From: Bert	Respond to of 36161

We shall see...when the HUI takes out 155, I'll get excited..when BGO takes out even it's Sept. high, I'll get excited..blah, blah, blah..today's low in the buck was minimal considering the move in gold...Russell will tell you, the trans lead the Dow...how down were they today?...Money flow was heavily positive into the SPY and SMH today....RTN was negative...the shorting in gold on L2 today, and the other up days was there in spades. I'm sure the smart money is jumping on those low bond yields.... Accumulation happens over time, as any trader knows..yes..it's a process...and it doesn't move by your clock. The world of stocks is not all about over valued big caps and gold...I stick by my prognosis... Bert

To: Broken_Clock who wrote (25791)	1/16/2003 5:00:27 PM
From: gold$10k	Respond to of 36161

Hi PK, <<Just the kind of sentiment needed for it to keep on chooglin'.>> I agree. My trader's instincts tell me to sell the spike and buy the dip. The dips are getting shorter and shallower, so traders (I are one) don't trust the rally enough to buy without more "reassurance" or at least a better discount. So I bought today, but not anywhere near the max... and I will be glad to continue to buy as long as I can get good prices or see market signs that give me confidence. Regards, vt