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Strategies & Market Trends : Strictly: Drilling II
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To: ItsAllCyclical who wrote (26804)1/27/2003 3:25:59 PM
From: ItsAllCyclical  Read Replies (2) of 36161
 
Reduced gold positions to 30%. Raised cash and off margin. May sell more before the end of the day. VIX up over 40 at one point, gold up again and gold stocks can't even finish positive. Will aggressively buy any break of HUI 155, but right now I'd rather miss some on the upside than risk getting caught w/out cash.

Edit, now down to a core position under 25%.
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