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

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To: SliderOnTheBlack who wrote (83289)	1/3/2001 11:59:36 AM
From: Warpfactor	Read Replies (1) of 95453

Re: CSCO investor psycology Just thinking out loud - noting various possibilities. After reviewing market sentiment (Bullish-Bearish) indicators and overbought/oversold tickers, I reasoned that odds swayed in the direction of a sizeable trading bounce for techs. However, noting the potential danger involved, I only committed a small amount of funds at this time. I think that yes, it is a little casino gambling, but I feel the dice are weighted in my favor at this point. However, I have the belief that the NASDAQ will ultimately trades well below 2000, as do you. I do not think that this will occur in a straight line however, and opportunities will present themselves for 20-25% pickups on both the long and the short side, though I've mitigated my tech short selling lately. I have jumped on these opportunities several times in the past eight months, doing much better flipping techs than with energy holdings. My main mistake has been getting out too soon, settling for 20% on the high-fliers when 50% could have been had. Not that I'm perfect, got slammed a few times, but still doing quite well with these quick hits. Gotta run. Job and all. Warp

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