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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (9820)8/16/1999 7:18:00 PM
From: Steeliejim of 118717
 
Hi! Don't you just hate it when work intrudes on fun? I hear ya on KIDE. The following might explain some of the movement on ISLD--namely the people in the know buying in before the BS Buy announcement.

I wouldn't be surprised if there is a bit of a sell off after a quick pop in the AM assuming most of the big buyers are already in. I'm going to stay with ISLD for awhile though. IMO, it has the potential to be a 2x, 4x or better over the next year or so--assuming there are no events that impact the entire market.

The worry wart side of me thinks that things have been too quiet lately in the way of world-shaking events--no big terrorist attacks, etc. thank goodness. But I have to believe they are planning their next event(s) even as I write this.

I suppose if one is into big bang theories Y2K, the possibility of a Taiwan-Chinese confrontation, and N. Korea going off the deep end are 3 things that could be an excuse to scare investors to put their $$$ into matresses--or buy gold, which, IMO is essentially the same thing. Maybe I've been watching too much History Channel lately.

Jim

quote.bloomberg.com
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