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Strategies & Market Trends : Strictly: Drilling II

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To: nspolar who wrote (10444)4/4/2002 4:34:37 PM
From: isopatch  Read Replies (1) of 36161
 
ns. See what you mean.

grads.iges.org

That's pretty cold!

Closed out quite a few profitable positions the past few days with OSX and XNG action looking from this keyboard like they're completing at least a significant ST top.

Satisfied with another good ST gain in TESOF, then lightened 40% of the KEG position for a profit. Also exited my only long call position - in CRK, and closed out a profitable trade in IMGN puts today. Moderate profits in both of those.

Basically raising cash and reducing exposure. Don't know the exact percentage, but cash probably up to 35% from 1/2 that, a week ago.

Have not sold any PM positions, and liked price action in both the HUI and some of the individual PM stocks today.

How are your short positions treating you? Recall you had several that were quite good in recent months.

Cheers,

Isopatch
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