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Strategies & Market Trends : Strictly: Drilling II

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To: SliderOnTheBlack who wrote (18486)9/6/2002 5:23:36 PM
From: jimsioi  Read Replies (1) of 36161
 
Link to Pimco / Gross

See the top article on Home page.

"My message is as follows: stocks stink and will continue to do so until they're priced appropriately,
probably somewhere around Dow 5,000, S&P 650, or NASDAQ God knows where.."

pimco.com

Slider, think you have it right....cash and miners...I have some Canadian Royalty trusts as my primary energy play after today's selling plus one special situation I affectionately refer to as CRUD . Intellectually I like the defense contractors but they act too much like the S&P though doing better...

A group of defense stocks weekly.
investertech.com

(if the whole link above doesn't come through add GD LMT RTN LLL and SPY, if interested)

Nomination for the summation quote of the week......from your earlier post, Slider
"the DOW and S&P are STILL priced for traditional BULL MARKET PEAKS, not a volatile, transitional global
geopolitical & economic environment."

"volatile and transitional" - that's the key....there's going to be some surprises...
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