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

To: nspolar who wrote (34379)	12/10/2003 5:27:12 PM
From: TheSlowLane	Read Replies (1) \| Respond to of 36161

nsp/tippet/patron, Thanks for your thoughts. I have picked my timeframe (long-term) and am sticking with it. Looking at chart after chart, I agree, we were due for this - and while I can grit my teeth, stay focused on the bigger picture and sit through it - I would be lying if I told you I was enjoying it! I have some friends who are pretty accomplished traders (we have a private Yahoo board, if anyone is interested) but they've been watching this move all year from the sidelines or making some of the mistakes that you (nsp) described. So, I have no serious regrets at this time. Patron, you mentioned Jesse Livermore. I read Reminiscences earlier this year and that had a profound effect on my thinking in regard to how I must approach this particular bull market. I took his accumulated wisdom to heart and have been using that to "mentor" my approach. Between Jesse, RRussell, JSinclair, JPuplava and the excellent contributors on some of these boards, I feel like I have a good advisory committee to help me keep my head screwed on. And now, I shall drink a glass of wine and gaze at the lights on the Christmas tree that the kids just decorated. Just call me Rudolph. The Red-Nosed Reindeer-In-The-Headlights, LOL!

To: nspolar who wrote (34379)	12/10/2003 7:01:29 PM
From: Eva	Respond to of 36161

nspolar Good Post _ right on Buddy! Look what I found for you (and everyone in DROOY )__over on kitco, re: GOLD in RAND Date: Wed Dec 10 2003 18:32 AU_NB (Gold in Rand) ID#7277: Copyright © 2002 AU_NB/Kitco Inc. All rights reserved m2c A little good news for today. MACD has completed a bullish crossover. RSI is strong above 50. click here ... stockcharts.com[m,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G DMI Directional indicator has turned bullish, with +D crossing over -D and ADX turning upward. 13 day e.m.a. is about to cross above 20 m.a. click here ... Aroon shows -D weakening, but entering consolidation. Consolidation or a pull-back would not seem unusual. Maybe something is occurring. jmho icbw dyodd

To: nspolar who wrote (34379)	12/10/2003 8:12:11 PM
From: Andrew	Read Replies (1) \| Respond to of 36161

I bought some PDG and lost money today <NFG> Actually my first losing trade in about 3 weeks since I had to cover IBM and CSCO for loses. Mostly listened to my own advice though at least I dont have much else in gold. Should have stuck with shorting the techs