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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject3/4/2003 2:49:51 PM
From: isopatch  Read Replies (1) of 36161
 
Frank. Stopped out of GW and NR, yesterday and today.

8 cent loss in on vs 10 cent gain in the other, basically a wash.

Don't like the action in a lot of individual stocks and the gen market is acting very poorly.

After a multi-week hot streak in ST trading which follow several months of very large Intermediate Term gain, I'm shifting emphasis more toward preserving all this newly minted capital vs continuing to risk it. So adding to cash and reducing risk exposure makes sense here.

Cash 69%, equities 21%, physical gold 10%.

Very little time to post recently. Perhaps, a little more time to chat later this week.

Cya,

Iso
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