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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (6956)1/30/2002 10:28:51 PM
From: gold$10k  Read Replies (1) of 36161
 
Frank,

My portfolio was up another 2% today. I have not noticed any lessening of the intensity of the explorers as a group (watch me be proved wrong tomorrow), but rather a rotation from one stock to the next. So I gradually decrease my positions in the ones that seem too hot for too long as I increase my positions in those that seem a little better rested (the "fresh horses" analogy) and even some that haven't broken out yet. This also serves to reduce risk and rebalance my portfolio.

So far, so good (actually I'm somewhat amazed <g>).

Regards,

vt
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