Strictly: Drilling and oil-field services Message Board

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

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To: DataBits who wrote (90527)	5/2/2001 7:48:02 AM
From: SliderOnTheBlack	Read Replies (1) of 95453

DrivelBits.... One "BIG" difference.... I was right for 1700 points on the NAZ falling from 3500 to 1800 directly into the whimpering chastisement of the Chihuahua crowd.... so; I've "temporarially" given up a DCB rally of 300 points - "before" we ultimately head to sub 1500....so what ? The score's now 1450 down & 350 up; I'll take that call - especially since so few made it from that 3500 level. I covered my shorts long ago... I've consistantly referred to NAZ 1800-2400 as "the deadzone" - as it's neither a valuation range where I presently find compelling shorts, nor valuation levels to go long.In general a poor risk vs reward environment. Often it pays best to be neither long, or short - to be in Cash & to be patient and not force trades , or a positon... merely lying in wait; letting the market come to you. It's one thing having & talking about a downside target; to where one would "finally" see "buyable valuations" and it's quite another waltzing over to a new thread with continual mindless drivel of the "POG is going to crash in April" and then "shorting" directly into a rally... Target ranges are one thing - putting your money short is another.... AND it's not your "call" that was particulary laughable - it was how you made it.... ...without any technical, or fundamental accompanying commentary - just classic chihuahuaian ankle-biting drivel... no substance; no rhyme, or reason - just drivel... all you did was throw out a continual drone of contrarian calls to get a reaction... you got little reaction; because there was no substance - literally, just "e-graffitti"... hence; your new handle : DrivelBits ~ Now; about directions to the pound... "over-there", under the porch... PS: and take your "e-spray paint can" with you....

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