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Strategies & Market Trends : Strictly: Drilling II

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To: Cogito Ergo Sum who wrote (11572)5/2/2002 8:09:51 AM
From: Frank Pembleton  Read Replies (2) of 36161
 
K... don't be laughing to hard about my left turn at Nortel ... there is enough bright spots out there to get this stock to bounce up 20% -- Both India and China are showing us growth rates of over 6% - so is South Korea, and what about Russia and Australia? Canada, too? Our dollar is getting stronger ain't it?

This is a tradable area for a couple (maybe three) of the telcoms and Nortel will be one of the survivors.

Anyway... after yesterdays POG move -- I've realised I can make 20% in a couple of hours with the jr golds - hate to miss out on that - especially when the U.S. is dropping bombs on it's oil supply.

Noticed Tenke? - bid/ask/volume is becoming substantially inviting. This stock just seems to screem out "buy me, buy me, buy me."

Regards
Frank P.
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