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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (40935)11/6/2003 12:47:13 AM
From: energyplay  Read Replies (1) of 74559
 
Jay the cat seems to be catching mice with PICC.

"He is of the tribe that says white is black, black is black, and grey is also black, always, without exception, and forever"

I still have a fair amount of KCS, which is up today as we get closer to earnings release, and TMR, whic is up for the same reason.

Bought some HL & PAL, sold some PD and N, since I think the precious metal side will do better than bqase metals for the next week.

I have also gone to 30% cash -expecting a drop the next few days. I expect the employment numbers will not be as good this month as hoped, and the market will be overbought.

Many traders have had a good year, and head towards cash, selling winners (long term since late 2002) and short term losers then heading for warm beaches....
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