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Strategies & Market Trends : Strictly: Drilling II

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To: SliderOnTheBlack who wrote (18486)9/6/2002 5:52:40 PM
From: jtech  Read Replies (1) of 36161
 
<<55% Cash & 35% gold/silver stocks.>>
Now what ever happened to your airline stocks?
As for Gross -I agree with his bearish stock stance but Im also bearish bonds.Theres not to much upside for either play here.
Inflation would be a plus right now.Thats about the only way the fed is going to get themselves out of this money pump mess.Do they sacrifice the market and use some tough love? I think they do,I think thats what Greenspans last speech was about.Hes separating the fed from the market for the good of the fed.He may step in for a panic but its headed down.
Im keeping a spx short here and have been daytrading it to keep it in the black because sooner or later, hopefully sooner its gonna give up and fall hard.
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