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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Yorikke who wrote (6756)9/11/2002 5:52:21 PM
From: Davy Crockett   of 33421
 
True. u could be very right & I agree with u on the weekly & monthly charts.

I have 'only' 35 % in GOLD as of today.

The rest are in hi-risk bios & techies. (I like playing the current inverse relationship between GOLD & 'da NAZ)

Since I have been widely whipsawed the last few weeks, I am trying to hedge my bets. (of course if I was smart, i should've moved into cash, instead of just guessing which sector would have taken off...)

FWIW, last December I moved 100% into the PM complex & was stopped out of everything in early July... I wish I could say that I bought at the low again, but, of course, that is not true. Bought back on Friday & am very close to being stopped out again

Appreciate the "give & take" here.

Regards,
Peter
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