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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: orkrious who wrote (257160)	8/22/2003 8:30:37 AM
From: Earlie	Read Replies (1) of 436258

Ork: Yes, but "boxed" most. I have let the airlines and the financials ride, so have been reasonably free of pain (for a change). With respect to the semis, I have "unboxed", then "boxed" again a few times (so there have been some costs associated with being a bit "early"), but I see them as the best possible targets available and will ride them hard, once this rally peters out. Meantime, the gold stocks and a couple of my juniors are also treating me well, so there are no complaints from this part of the "nord contree" (g) Even though I thought that this rally would have legs (as I knew most fund managers would be forced to ride it), I did not expect a return to mania conditions. The good news at this end is that the active short positions are not excessive and are well backed with cash. From my perspective, the bulls are creating one of the best shorting opportunities that I have witnessed in quite some time..... and both events and conditions are moving irresolutely against them. Bearish patience is about to reap one heck of a reward. Best, Earlie

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