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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (39591)	2/27/2005 8:55:58 AM
From: Roebear	Read Replies (1) \| Respond to of 206321

dabum, My guess is Big Guy was talking about the comparison of these two charts: stockcharts.com[w,a]waclyiay[pb50!b200!d20,2!f][vc60][iut!Ub14!La12,26,9]&pref=G stockcharts.com[w,a]waclynay[d19971227,20000527][pb50!b200!d20,2!f][iut!Ub14!La12,26,9]&pref=G As to my opinion? The above two charts have been on my mind also along with the obviously parabolic curve of the XNG. Too much hype and participation at this stage, so I would expect a sharp correction soon. By Fridays close I closed most of my energy positions. CAVEAT: Of course I thought the same thing in last half of 99 with the NDX and it had a ways to go, I'm usually early on the exits... Best, Roebear

To: chowder who wrote (39591)	2/27/2005 10:28:04 AM
From: big guy	Read Replies (2) \| Respond to of 206321

dabum, Profile asked "How much longer before it collapses?" The NDX chart was nothing more than my way of saying don't try to second guess this market, it could go a lot higher than anyone thinks much like the Nasdaq went much further than anyone thought in the late 90's. I've got some monthly chart breakouts with targets I don't even believe but then again one never knows. If, and I mean if we are indeed at or near peak oil this very well may be only the beginning of the run.