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

To: yard_man who wrote (34374)	12/10/2003 4:13:15 PM
From: re3	Respond to of 36161

lol ! i just checked my open orders to confirm i still have an order to re-purchase some RGLD @ 19.50...50 cents lower than where i got called away a few weeks back...can i get this stock back under 20 with gold having a 4 handle ? dare to dream ? -g-

To: yard_man who wrote (34374)	12/10/2003 4:39:51 PM
From: nspolar	Respond to of 36161

Currently my only regret, not to have lightened up significantly. I post a chart this evening - think it went nearly to the bottom of its float channel. A new parameter I just started using and don't have much experience with. If so it appears it should bounce.

To: yard_man who wrote (34374)	12/10/2003 11:42:28 PM
From: nspolar	Respond to of 36161

tippet, here is a BGO chart with float channel. I didn't know what this was about until recently - I decided to click a little button on Qcharts. ttrader.com\'s%20charts&id=427&d=2 I made up my mind on how to play HUI/BGO before this correction started, for various reasons. It was obvious it was coming. But .... it was interesting to note that BGO and a couple of other stocks I have banged on this float channel top a couple of times, before correcting. BGO has done an exact 50 % retrace back to the wave 2 bottom, or start of wave 3. Not too confident of that count, but the way I currently have it. The retrace has just clipped the top of wave i of 3, which I don't really like, but for now accept. A stock that exhibited some TA patterns a little bit like BGO, recently, was EBAY, and it went on to rocket further up another notch, only imo to truncate early. Drooy OTOH has a very narrow float channel, 2.44 to 2.88, and it has just barely penetrated the bottom. Once again. fenews.com