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Strategies & Market Trends : Strictly: Drilling II

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To: isopatch who wrote (26818)1/27/2003 4:32:47 PM
From: ItsAllCyclical  Read Replies (1) of 36161
 
>> IAC. If 20% cash is a lot for your trading style? <<

Long term, no. I was as high as 100% at various times over the past 2 years, but lately as you know I've had quite a bit of cash tied up in RRI. Between the remaining amount I've been rotating between various longs plays and gold. I've been finding quite a few ST positions that I like. So it's a relative thing.

RRI earnings on Thurs morn. Don't expect any refi news yet, but I think there could be a couple of positives coming out of the CC.
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