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Strategies & Market Trends : Strictly: Drilling II

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To: nspolar who wrote (32999)10/10/2003 2:06:27 PM
From: jrhana  Read Replies (3) of 36161
 
I wonder if it would not be a good time to put this Isopatch
stuff behind us and get back to business. There is certainly enough talent here to get something going. We could just forget Isopatch even exists and just do our own thing. I guess the comic relief is useful, but today I really just want to juice up my portfolio performance.

As I sitting here pondering the buy this sell that mental dance.

From yesterdays Richard Russell:

<Strategy -- I wrote yesterday, that in my opinion, this is a market where the best strategy is to do as little as possible. The only clear trend that I see now is the rising trend of common stocks, but here we have the ultimate case of buying overpriced stocks in order to sell them to a "greater fool" who will take them off our hands at higher prices.

In that respect, it's very much like the real estate business today. He in La Jolla we see little homes selling at $1.5 million that are being gobbled up by speculators in order to be sold at $1.7 million or hopefully for $2 million.>

<the best strategy is to do as little as possible>

hmmm as I ponder the conflicting passions of selling underperformers and buying more of the strong ones versus selling the overbought ones and buying the oversold ones.

from NSP:
<Gold should literally explode at some point>

I do believe so. I certainly do not want to be cute one day and be in cash the day it does.
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