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


To: habitrail who wrote (28804)2/27/2003 1:04:08 PM
From: Frank Pembleton  Read Replies (1) | Respond to of 36161
 
I think the best thing to do is stop watching it altogether and find another thing to obsess on. I got myself interested in the utility stocks just for this reason. The cool part of not watching the PoG 24hrs a day is that I spend more time with the girlfriend. :0) In light of that, it’s easy to understand why some of the posters get so upset at the bearish side of the argument. Keeping in mind that obsession (in the case) is an understatement. :)

Regards,
Frank P.



To: habitrail who wrote (28804)2/27/2003 4:48:37 PM
From: SliderOnTheBlack  Read Replies (2) | Respond to of 36161
 
Gold and "SINCLAIR" getting slapped around some more...

It looks like Sinclair got to "double" down thru 3-4 stops...

re: his Email Alert

jsmineset.com

["Strategy:

Put away all the high tech technical analysis tools and break out your ruler. The prime indicator is one. It is a clean power downtrend line break out to the upside. The points are as follows:

Wednesday: $350 or better close, moving higher into the close.

Thursday: $349 or better close, moving higher into the close.

Friday: $348 or better close, moving higher into the close.

Monday: $347 or better close, moving higher into the close.

At each point I have stop orders to double my position."]

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

And if that wasn't enough....NOW - his POWER TREND for Gold is BROKEN...re:

Sinclair ["...the price gold needs to hold and be rising into the close is $348.50 to maintain its power up-trend line"]

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

I wonder if he's delivered on his INTENTIONS and bought that extra $1M + of TanHype yet ?

Now he's talking the scoop on Newmont...this is the next "big" thing that's going to "rock" the market I guess...ala Ted Butler's scoop on Barrick lifting their Silver Hedges that was supposed to send Silver to $50 and $100...

John Hathaway of the Tocqueville fund has now, after-the-fact discovered that the run in Gold was primarially from a War/Hedge...at least Hathaway isn't as kookish as the rest of the Gold Pundits.

I'm telling you G'buggers...your only remaining hope is to throw Tokyo-JimWille to the Volcano as a human sacrifice to the Gold-Trading Market Gods...just grab him off the express lane register #7 at the L.I. Staples and be done with it...

HUI 130 holding by a fingernail...closed at the low.

tic-toc`