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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: MetalTrader who wrote (907)	9/26/2003 10:54:10 AM
From: Yogizuna	Read Replies (1) \| Respond to of 108662

>>> I was starting to think I was walking on water the past month too. The first bad trade (an ego induced "I know this stock better than the market" one)of the month pissed me off and instead of stepping aside I tried to turn it my way through sheer force of will....with predictable result. I took the day off yesterday and drank wine with a friend since I could feel I was beginning to force trades. <<< Yep, huge warning flag there... Back in the early 1980s, I thought I was "Joe Granville", walking on water while playing the piano... <g> Then the stuff hit the fan... So these days, even if I hit "home run after home run", no more "walking on water" for this Yogi ever again... Hot coals maybe, but no water! lol

To: MetalTrader who wrote (907)	9/26/2003 1:02:19 PM
From: nspolar	Respond to of 108662

MT, she was double right. I'm busy today and will be for a few more days. Selectively selling into bounces. Would have been nicer to do it a couple of days ago. I'm going to extract and take a break for a while. Not going to risk back tracking any more. Gold futs are still holding but barely. Silver futs look much worse, they could fall a ways imo, and the silvers seem to be showing it.

To: MetalTrader who wrote (907)	9/26/2003 1:41:01 PM
From: nspolar	Respond to of 108662

MT, she was double right. I'm busy today and will be for a few more days. Selectively selling into rebounds. Would have been nicer to do it a few days ago. I'm going to lighten up significantly and take a break for a while. Not going to risk back tracking any more. Looks like we have consolidating to do in this area. Gold futs are still holding but barely. Silver futs could fall a little ways imo, and the silvers seem to be showing it. I think the first attempt at the 5.50 area on the silvers has failed.