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kirby49

04/08/03 7:21 PM

#508 RE: Zolt #507

I like BGO's chart a little better than ELD. Consolidating for a month plus right on support and retraced right to support. +DI just crossing ADX line. Stoch has just turned up for both, but from more oversold on BGO. As ADX is above 20 on ELD, use MACD for the signal and it hasn't given it yet. More volatility with BGO for trading and of course there's those who won't go near one of Clive's companies, but trust him or not, he can promote. On the negative side for ELD is the Turkey location and the politics of the now non-secular government which doesn't want to play with the U.S.

Here's the charts.





All the others appear good as well. Don't forget that you get 50% margin with NSU immediately. You might want to check out GSC as well as GBU to see if they'll run up to over 3.00 for the margin. The other one I'm thinking of is MFL at these levels and of course you get 70% margin on it. Whether silver breaks out with gold is the big question, but you may want to consider some HL or CDE in your U.S. account or play PAA on the U.S. side as PAAS. CDU.V is another silver play that just move up nicely today from it's S/R line.