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

To: Eva who wrote (34129)	12/3/2003 8:34:53 PM
From: John Doyle	Respond to of 36161

Strictly Drilling...speaking.......anyone have any thoughts on RIG!....Looks like a good base and potential to move up from here. Anyone read the article regarding energy demand in China for the next 5-20 years?

To: Eva who wrote (34129)	12/3/2003 9:05:51 PM
From: nspolar	Read Replies (1) \| Respond to of 36161

What perked everyone up today? A vendor (3 persons) came in to the office some days back, trying to sell us some shit software, that used artificial intelligence to diagnose machinery problems, problems of a complex nature. I asked him how it worked. The head butt started out by saying it used Boolean Logic. I then asked some more... some more ....some more ..... some seemingly dumb questions. Of course he was eager to reply. When I figured I had him boxed in the corner I started out by saying Ya well I have a Boolean computer as well, it goes with me in my brain, where ever I go .... A few minutes later this fellow was silenced for the rest of the meeting. We (myself and remaining) discussed other issues of interest to us. The other issue to go along with the gold fut and HUI chart is the dollar chart, which says more down to me. My Boolean computer thus has told me odds are good this run ain't done. My Boolean computer likes to maximize according to the odds at hand and sometimes has a synapse failure. When this occurs I have to hit reboot, usually at a significant cost, in particular if the switch is jammed. So there you have it. I gave away my soul. computer.howstuffworks.com (Now I'll have to take time this evening to see if any of the crap I just wrote makes any sense, cool website though.)

To: Eva who wrote (34129)	12/3/2003 11:36:04 PM
From: Andrew	Respond to of 36161

LOL, hey I do park like that. I've been in the golds from the start though when no one wanted them. I am not a bagholder though. Part of my analysis is technical and the other part is gut feel. My gut says sell here its a short term top. I dunno maybe I'm wrong. Sentiment is another part. To many participants in this sector here. They need to get shaken out. Also is general market risk. No way at these valuations the gold shares get spared. Maybe some micro juniors but I really dont play them. That reversal today in the markets was unreal. How many of those do we need before it really breaks?