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Strategies & Market Trends : Natural Resource Stocks

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To: ItsAllCyclical who wrote (6870)1/28/2004 1:41:59 PM
From: isopatch  Read Replies (1) of 109027
 
IAC. Mostly ST TA on broad market which I agree with perg

on. No big meltdown IMHO. But enuf risk to warrant raising cash level.

FA and TA for MSSN and other favs remains excellent for longer holding periods. But...

We always have to keep in mind how cyclical the energy sector is and that sensitivity makes it quite responsive to moderate corrections in the broad markets. So? Just standing aside with more cashola in the sock than usual till I see the scales tipping back toward the point where I'm again ready to be more aggressive.

May not be long. Just have to see.

Gotta run.

Iso
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