Galapagos Islands Message Board

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Strategies & Market Trends : Galapagos Islands

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To: Jorj X Mckie who wrote (34909)	3/28/2003 3:18:54 PM
From: habitrail	Read Replies (1) of 57110

no puts because of the leverage? You are worried we go higher? Right now, my take is that the SPC chart looks sort of like the waterfall is starting to trickle. Given the lousy econ news, the lousy dollar, and the increasing chance of negative news (e.g. "syria moves troopz" or "Baghdad has attack of gas"), I am feeling pretty bearzy and have dumped most longs. One wrinkle. gold stocks decoupled from the rest of the market today and they are the only stocks that decouple pretty consistently when the rest tank. So I am less sure about being bearzy on them

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