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

To: quehubo who wrote (22592)	5/14/2003 8:27:22 PM
From: chowder	Read Replies (1) \| Respond to of 206097

Que, I agree! Volume patterns are still strong and we actually saw them kick in with a little more buying in the last hour of trading. I think we may see some profit taking in the next day or two however, I think it'll be the retail investor and not the institutional investor that will be taking profits here. The volume patterns suggest to me it's the institutions that are pushing prices higher and I don't think they would be so quick to sell. The retail investor is a little more nervous here because they think the run has to end soon. Maybe it does, I don't know. I think we must look at support levels for any clues in the event we see any selling off in the next day or two. if support levels hold, it confirms the institutions are holding. The first support level is OSX 89.62 and rising, from my perspective. dabum