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Strategies & Market Trends : Strictly: Drilling II

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To: SliderOnTheBlack who wrote (14082)6/8/2002 12:40:53 AM
From: Square_Dealings  Read Replies (3) of 36161
 
It seems like we are at a point in the market where there is no place to hide. Bonds look toppy, gold looks topped out short term, the CRB looks like it is out of gas, and the stock market looks like it's ready for a significant slide. The action in TYC, INTC, RFMD etc etc. are today's symptoms of some bigger problems in the works imo.

Looking at the charts it's hard to find a good idea from the long side. I'm going to sit out for a while and watch.

M.
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