Replies to post #9650 on Mostly: Classical

[Frank Pembleton]

Marks ... What's up? nothing much... just trading with a very short term view... and I'm trading everything from American based financials to Canadian natural gas plays and of course, gold stocks... a little of everything.

As for the gold sector, I've started playing a little more defensive as of yesterday-- stocks aren't reacting as well as they were so I am expecting a pullback -- so from here you should be a seller and not a buyer. Actually, I damned near felt like shorting the sector after this PR:

http://biz.yahoo.com/rf/040526/energy_eu_1.html

These institutions are pretty good at calling short-term pivot points.

Anyway, I'm still well exposed to gold-- for now, and selling my large % movers and reloading with some of the laggards like AQI and CRJ