Big Dog's Boom Boom Room Message Board

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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: GREENLAW4-7 who wrote (39021)	2/5/2005 6:57:56 PM
From: quehubo	of 206254

NBR has been in an uptrend since bottoming out post 9/11. The sell offs of 97,99 and 2001 were event driven. Until we have a major event driven economic slowdown or the economy just rolls over hard I dont see a devastating sell off from these levels. Just the same a 10%+ correction can happen in a few days time from these levels and leave one dazed confused and anxious. These are the price levels where the big sell offs occur and one has to be ready to test ones conviction when there is blood in the streets. I am >55% cash now, I want to see how much conviction there is next week when weather is much above normal across much of North America's major population centers. stockcharts.com[w,a]waclyiay[d19960205,20050205][pb50!b200!b10!i!f][vc60][iut!Lh14,3!La5,17,9!Ll5!Lc5]&pref=G

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