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Strategies & Market Trends : Natural Resource Stocks

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To: gold$10k who wrote (2100)10/16/2003 4:30:31 PM
From: isopatch  Read Replies (1) of 108876
 
vt. Just a risk/reward judgement, for me. When I add up the

evidence? It's a crap shoot, until we get out of this choppy trading range and a trend emerges.

I'll be happy to pay higher prices - as insurance - in exchange for a clear trend to work with.

Until I see that? Risks are higher than I want to assume in the current market and sentiment environment.

Time to play good defensive Soccer, IMHO. With this weeks profits in PMs and energy, I'm leading in the game for an all time record profits year. And I'm not willing to give back those profits by assuming any more risk than I have to.

PM sector allocation now 13%. Energy 13%. And cash 74%.

Isopatch
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