Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: isopatch who wrote (27671)	2/7/2003 7:27:58 AM
From: jimsioi	Respond to of 36161

ISO, fascinating historic review, & HGT's chart then.... Your history retrospective back to the late 1999 early 2000 period was much appreciated. Seems then as now there were factors taking investors eyes off the ball. Chart no stranger to you of HGT (US NG Royalty Trust) on which I too enjoyed a good ride - pictures the period from late '99 early 2000 period you mentioned. Of note was the high volume in late March '00 early April period...Also I see long tails on the daily sticks then....good signs she was going higher. stockcharts.com[h,a]dbcayiay[d19991107,20000407][pc50!c200!c20!f][vc60][iut!Ue12,26,9!Up14,3,3]&pref=G .....and HGT did, doubling through to May of 2001.... stockcharts.com[h,a]wbcayiay[d20000307,20010807][pc50!c200!c20!f][vc60][iut!Ue12,26,9!Up14,3,3]&pref=G retrospectively, the divergence in price relative to the action in the PPO and Fast Stos from Sept '00 to May of '01 told of a tale of a top or distribution occurring. A fall subsequently occurred of about 60%.as distributions seriously contracted. ...The momentum peak and the best part of the move had occurred by September '00, only six or seven months after the move really became. The last two points of price appreciation of HGT's last cyclic ascent was a struggle over nine months, during which good distributions were indeed earned....Otherwise similarities with the HUI from June of '02 to the present certainly could be drawn....