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Strategies & Market Trends : Strictly: Drilling II
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To: Roebear who wrote (4071)11/16/2001 12:09:56 PM
From: Frank Pembleton  Read Replies (3) of 36161
 
Roebear, IMHO we are here now -- what we are seeing is a HUI that's oversold. In the next couple of trading days I'm going to start accumulating shares in the high beta babies we normally follow. The only thing in the way is the media announcement of OBL death -- this will give us DOW 10,000 and pre 911 POG which is fwiw factored in the price of Kinross.

Another variable ... strong U.S.$ + strong BKX = low commodity prices.

Regards
Frank P.
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