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

To: Frank Pembleton who wrote (30536)	4/28/2003 8:18:55 PM
From: Broken_Clock	Read Replies (2) \| Respond to of 36161

8500 is proving to be a bull's eye for shorters. Can the dow pass it this week or is it bye bye birdie again? VIX approaching 20. Somethings gonna give...and very shortly(how 'bout that pun?).

To: Frank Pembleton who wrote (30536)	4/28/2003 8:21:55 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 36161

Hey Frank, at twenty five-and-a-half bucks WTIC is approaching resistance in one heck of a hurry and after that it's a quick drop to twenty I know I Know. Still as you know I've CanRoys for the long haul here, more gassy and mostly pretty good hedgers so I'll be fine there. Biotech I've only played SYB which isn't even a biotech anymore. Maybe it's time to broaden my horizons.. ? Sounds like a good summer project, then again I wanted to spend some time studying TA this summer. I'm so busy with family, work and exercise stuff I get little time. I can't see adding any more energy whether it's up or down until my portfolio gets better balanced. I agree it's not looking up right now but I'm not as certain of the downside, at least not protracted downside. As for the PM's I'm only about 5% right now more because everything else is up than from PM selling :o) regards Kastel