SI
SI
discoversearch

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.
Gold/Mining/Energy : Strictly: Drilling and oil-field services

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jon Cave who wrote (57182)12/20/1999 3:04:00 PM
From: Roebear  Read Replies (2) of 95453
 
Jon,
Due to my bearish views of the market and my current busy state I am almost entirely in cash. My NG stocks were kind enough to let me out a little ahead so I have no wash sales to worry about.

I am licking my lips at the tasty feast of oils out there, but will hold fire till it gets absurd. DO looks tasty as a roast Turkey in the 27 range. But, currently I have no time to trade and I fear Easy AL does not have the heart to play the Grinch this Christmas anyway, so likely my bargain hunting will have to wait.
If not what bargain hunting it will be though!

In any case I won't go below 50% cash here. Noticed at Lowes/Home Depot etc they have Y2K stuff piled high, somebody must be expecting to sell this stuff. Thing is a lot of it is newly arrived. Now that has me worried, though not for myself as we are adequately prepared for any eventualities. Comes in handy for ice storms out here in the country where we depend on electric for water.

Hopefully the hardware superstores marketeers are only profiteers and not seers.

Coffe breaks over, back to home improvement for the holidays.

Best Regards,
Roebear
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext