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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (30216)4/9/2003 11:37:04 PM
From: isopatch  Read Replies (1) of 36161
 
Frank. <have we seen the bottom, I wonder?>

A good ST tradable bottom is enough for me to play a few large positions, in the strongest stocks. And that's how I'm playing it, so far.

Let's see whether this pop is greeted by enthusiasm OR skepticism from our bag holders friends who held all the way down from the January top.

Do like the way the stocks have been leading the metal, recently. And today, the HUI awa key leading stocks like GLG and MNG closed either at their hi for the day, or within a penny or so of it.

MNG has been a beast. Nice IT run December thru January. Then, 4 out of 5 nicely profitable ST trades YTD. And the only one that wasn't? Was a wash. Have to think hard to find an energy stock, in recent years, that's been such a consistent money maker.

And those CanRoys are a mega tsunami of monthly cash flow into my profane paws. Life is good.

AND...speaking of my paws<g>, whadya think of my dinner date, tonight?

Message 18820178

I wish!<lol>

Isopatch
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