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Re: mlsoft post# 175896

Tuesday, 12/02/2003 12:30:18 AM

Tuesday, December 02, 2003 12:30:18 AM

Post# of 704047
I still intend to lock in some profits soon now that $400 has been taken out (hopefully around $408-415) but if the expected round of profit taking comes in I will reload.
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I think that is a very wise move,my friend.

There seems to be a fairly strong record of decent pullbacks in the PoG when it trades in excess of 10% over it's 40 day MA. I read that little tidbit in an old Saville (I think?) market letter and it has helped me do some decent
repositioning on some margined shares on a couple of occasions. My problem is that I've seemed to jump out a bit too soon and, as a result, have had to wait until after dark for the cows to come home. <vbg>

good luck and thanks for the kind words.




http://stockcharts.com/def/servlet/SC.web?c=$GOLD,uu[h,a]wacayyay[de][pb40!d20,2!f][vc60][iLh14,3!La...

Dan

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