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.
Strategies & Market Trends : Strictly: Drilling II
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Roebear who wrote (2206)9/27/2001 10:34:30 AM
From: isopatch  Read Replies (3) of 36161
 
Thx. Roebear. End of Qtr Institutional "portfolio blow out"

that I was afraid (referred to in my market call on 8/30 - url below) is hitting much harder in the commodity related sectors like energy due to the post 9/11 deflationary war environment.

Message 16281698

I've made a few trading mistakes too. Don't think there's any way to avoid that entirely due to the new reality we're facing. That is, this market is unlike anything either our experience or market tools developed since WWII has had to cope with.

Key is sticking with themes we know will work like Gold and a good cash reserve. The old WS saying, "When in doubt stay out" is the operative word going forward IMHO. After sm LT buys in domestic security sector like ICTS, SILW and RGR since 9/11, I'm playing the game a lot more conservatively and keeping a good chunk of cash in my pocket till the dust settles a bit more in the 4th qtr.

In the mean time? My best advice to everyone reading this is, whether you are into FA or TA, become a market historian. Study how the benchmark stocks identified by your tools differed in the 1940s and 1930s from the post WWII era that our 1st hand experience is based upon. For FA people a re-read of Graham & Dodd wouldn't hurt. Their original book was based on that era.

Unfortunately, most TA tools weren't invented before the 1960s and some are much more recent than that. Roebear, I think an excellent application of your fractal thesis would be a DD project on historical charts from the 30s through WWII.

Best regards, and GOOD LUCK to us all. We're going to need it. I've never in my life seen a market as dangerous as this one.

Best

Iso
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News