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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (22043)4/29/2003 5:57:43 PM
From: Broken_Clock  Read Replies (1) | Respond to of 206087
 
Today was quite a day in Ute land. I sold all MIR because I just didn't like the look of a single ute chart today. Lot of churning in MIR. Makes me think the gaps will be filled. i am hopeful it will drop back to $3.10 or, if I'm very lucky(-g-) it will fill the gap at $2.26.

The risk/reward in having a tax free double in less than 2 months outweighed the pervasive bullishness. We know these puppies can move in both directions very, very quickly. My guess is that FERC will give out some nebulous statement that will temporarily drive the IPP sector down for a week or so.



To: energyplay who wrote (22043)4/29/2003 7:00:48 PM
From: Fiscally Conservative  Respond to of 206087
 
I saw MIR topping around 3.44 late in the day and actually looked like she would turned down into the close,(so I sold my entire position-got out @ 3.42)and wouldn't you know it they run her again into the days end. I manage to jump into RRI with my MIR holdings @ 5.42 noticing the slow decline toward the days end. My thoughts would be they migght run her into the close toward 5.50-5.60;had it not been for the markets end of day turn that would have been a bad move. Overall it still was but I got lucky. RRI looks tired for now,but this can change. Now over loaded in RRI

Any ideas when MIR sets a short term top? She too looks tired,but it has been a huge winner of late