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

To: big guy who wrote (34166)	12/6/2003 11:12:08 AM
From: Wade	Read Replies (2) \| Respond to of 36161

Hi Big Guy. The POG/ZAR chart is what I am watching very closely: stockcharts.com[w,a]waclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G The short term support of Rand gold is at ~2400. I feel that S. A. government will come to the rescue to devalue Rand. Rand has been stronger than gold in the last 12 months. If Rand gold can break out its 50-DMA and the down trend, we should see a good rally of S. A. gold stocks. I just put down my remaining cash on more ASA and added DROOY yesterday. BTW, ASA is traded at 10% discount to NAV right now. Good luck. Wade