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Strategies & Market Trends : Galapagos Islands

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To: Techplayer who wrote (35038)3/31/2003 1:11:25 AM
From: stevenallen  Read Replies (1) of 57110
 
Sorry, didn't realize you were holding that much long. Depending on your time frame you might want to hang on at least to some of it, for a bit. Intermediate to long term the downtrend is still intact imho, but volatility during global conflicts is pretty well guaranteed. When the "good" war news comes (if there such a thing) there will no doubt be a spike. And if not, there always the PPT (again, if there is such a thing, lol). If we get a gap down open I'll certainly cover some (though not the core positions - they'll have to have a real capitulation or pry them out of my cold bent fingers) and start dabbling in some long bouncers. Also, I'll likely sell the metals if they get a nice bump and I'll feel lucky to get out somewhere near even. No matter how many times I go for the gold I still feel like a rookie - much better for me to stick with things that I have a clue about!
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