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

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To: mishedlo who wrote (261124)9/19/2003 9:46:07 PM
From: Earlie  Read Replies (2) of 436258
 
Mish:

Still around and still enjoying.

My IBM short is small, but beginning to hurt so boxed some of it today.

On the other hand, my gold longs just keep on behaving nicely so there are no complaints (by way of example, GSL crunched through CDN$2.00 effortlessly today and looks very strong).

Airlines starting to (finally) look a bit heavy, but I will wait before adding.

I've been champing at the bit to jump on some of the more insanely over-valued stocks, but have managed to maintain discipline and have kept things small. Have watched too many good (short) pals take some nasty arrows for being too "early" in this rally (which I have done far too frequently in the past myself, with similar results), so this time around, I have no desire to "catch the top" and will wait for some strong "downside action" before becoming aggressive.

Heaven is being alive, relatively free of wounds, and with significant dry powder when a madcap rally like this one finally starts to unwind. (g)

Best, Earlie
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