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Gold/Mining/Energy : Hecla Mining(HL) -- Ignore unavailable to you. Want to Upgrade?

To: Roebear who wrote (460)2/11/1999 9:27:00 AM
From: donald martin  Read Replies (1) | Respond to of 629
 
Roebear,

I figured the pullback was POS related. I know you said you're a trader by nature, but I feel strongly this is one to pack away and take a look at in a year or two.

OTOH, maybe I shouldn't be so quick NOT to trade it. How are you making your trading decisions? Did I see you discussing Bollinger bands before? I looked at BMG's BB's and was thinking that 3 1/2 to 3 3/4 was the place to buy that (paid 4 1/4 though, didn't want to be out of it). How do you decide when/how to sell?

don
(grad of Pitt. a REAL pennsylvania college :) )



To: Roebear who wrote (460)2/11/1999 2:08:00 PM
From: Terrence Von Holidae  Read Replies (1) | Respond to of 629
 
Hecla was anticipated to show a deficit of $.13-.14 for the qtr. ending and has reported so, today. Any reactionary sell-off should be limited by silver's impending rise.

Silver is reacting well ; I do think you're right that another leg-up in price is imminent. There is much talk about $9+ sometime this year for the metal. Keep your fingers "X."

Terrence


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