Galapagos Islands Message Board

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Strategies & Market Trends : Galapagos Islands

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To: AugustWest who wrote (51996)	5/4/2004 4:55:11 PM
From: stevenallen	Read Replies (1) of 57110

Glad to see you didn't bail on YHOO, as I still have my core position there, along with old friend AMZN. Nothing that happened today changed my mind one bit. Just wished I had been collecting shorts like you have over the past few weeks - Aside from some quickie trades in the biotechs, I've been sitting on my hands in that department for so long now they're almost numb, but I really like the set-up here and will start hitting 'em soon, hopefully tomorrow. How are you doing with the PMs? Yesterday I picked up some PAAS and NTO which is the good news considering today's bounce, but I still have my other positions from last month which remain a bit underwater. I've tried to educate myself about this sector by reading a boatload of professional and amateur opinions, and surprise, surprise, just about everyone has their own take on it and there is nothing close to a consensus. So I'll continue to keep at least a small basket on hand and wait to se how the crapshoot turns out!

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