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

To: jrhana who wrote (33066)	10/10/2003 2:11:52 PM
From: Jane4IceCream	Read Replies (2) \| Respond to of 36161

MSSN...finally green today. If you look at the IVAN and MSSN weekly charts they are almost identical. At some point, monies are gonna flow into MSSN and could do a IVAN type move tho I dont know how much the Calandra report helped IVAN. Plus, according to stats.....MSSN makes considerably more revenues than IVAN. Jane

To: jrhana who wrote (33066)	10/10/2003 2:33:09 PM
From: Tommaso	Read Replies (1) \| Respond to of 36161

>>>I wonder if it would not be a good time to put this Isopatch stuff behind us<<< I agree. Just spread a thick layer of Preparation H over it and forget about it. I am astonished at the firmness of energy prices, especially natural gas (given the now-ample storage). I had settled down for a long period of holding, and suddenly everything is up. I think it may be the dollar that's doing it, especially with the news of Russia planning to price oil in Euros. Without any additional tightness in the markets, another 20% decline in the dollar would mean a 25% rise in oil prices, to $37.50. Much gas is now imported from Canada, and today's rise in the $C alone implies a 1.22% gain in natural gas prices, which could account for much of today's 1.92% rise in NG. I think we are already in the middle of a serious episode of inflation, as yet unreflected in official government figures. It's hard for anyone to judge the effects of inflation accurately enough to do much more than preserve real capital, but energy stocks may be the best route. I use oil and natural gas every day. My use of gold is minimal as is my use of insurance, but I keep what I consider enough of both. I have about ten times as much invested in energy as in gold.

To: jrhana who wrote (33066)	10/10/2003 3:01:28 PM
From: nspolar	Read Replies (2) \| Respond to of 36161

Exactly jr. I can not tell if this correction is over or only a little over half way over. Seems a little short in time yet to be over. I am at present fairly convinced it is just a correction and the HUI is going to new highs, and the next stop will probably be at least 250/260 or so. In the meantime my portfolio has been jacked around during this correction, but I didn't sell say at 195 (for a loss maybe) only to buy in again at 200. And notice the dollar didn't take off to 94 today per some predictions. If the gold futs hold their current level today I think it a major positive. The longer this goes on at current levels, the harder the pop when it comes. This gold market is global, this knock down was US technical, but foreign entities immediately buy the dips. And I have not shorted yet either. Just rebalancing a tad and waiting to roll some short. Waiting, the hardest thing to do sometimes. Rumors on BGO Yahoo! board about something to happen here at end of close. I'm still loaded BGO, just sold a very small number of shares for personal reasons. I have two possible setups for BGO, one the correction is over and it has started a 5, two the correction is more than half over from the previous peak and the b wave is in progress, inferring it will get knocked back one more go. It is a setup for those who might want to play - i.e. if it gets knocked back buy the dip. There is a possibility the 5 will take it to 4 bucks or so. If it does I can say I got it all, from 1 dollar US (actually started buying a 36 cents, sold all at 1.70 or so first go). This pm run is a long ways down the road, and has been an opportunity of a lifetime, but it is far from over, just getting harder to get the really big gains.