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Strategies & Market Trends : Natural Resource Stocks

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To: isopatch who wrote (11227)	5/13/2004 1:49:36 PM
From: Little Joe	Read Replies (1) of 108859

I have newmont puts, RYPTX and inverse fund and yesterday I sold my McShipping, which was the only other holding) on the buy out news. I am about 75% cash. My current thinking is that I am looking for a bounce in the DOW and will look for a few more puts on the bounce. I am looking for signs of a bottom in the PM's and will reverse when it occurs. I was toying with buying some UPL today, as I think it could bounce here, but got so busy couldn't get to it and then my charting system went down, so I guess I will wait. Little joe

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