Strictly: Drilling II Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Strictly: Drilling II

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Eva who wrote (26705)	1/27/2003 7:19:04 AM
From: Frank Pembleton	Read Replies (3) of 36161

Eva.. I just finished apologizing to my girlfriend, I mean just now... it's like 5am here in Edmonton. On Friday, I took her account to 90% cash. Eur/usd is at 1.09 -- gold at $373 (and I'm sooooo sorry baby!) I'm thinking there are two things on the horizon I'm not comfortable with. Hans Blix (U.N. Inspector) will give his report on Iraq, and without a "smoking gun?" And the President addresses the nation later today. I'm not willing to discount the possibility that Saddam decides to step down today—in that event the markets would rally big time hard and gold and oil would be hammered to no end, while the U.S. dollar regains some composure. Are you willing to chance this by being invested at a 100%? I'm not. 50% in is deep enough for me, and besides aren’t we in a multiyear bull market in gold? We'll have plenty of opportunity to make money in these markets-- and there's always the oil and gas supply situation. ...patience! Regards, Frank P.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next