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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: chowder who wrote (45731)7/13/2005 9:34:17 AM
From: ChanceIs  Read Replies (1) of 206338
 
Hey Bum,

I have been buying techs for a while now. I think that Hays is not too far from the truth. I sold a bunch of covered calls on my oily stocks for expiry tomorrow - most ran into the money - but I just bet that when Emily has passed that I can buy them back for less than the assigned price. OIH is up about 17% in the last two months, the summer burst will be over, there will be a selloff going into the shoulder season, the trees don't grow to the sky. I DON'T think we will have an '01 style OSX collapse - far from it. I could see OIH $90, but that would be about it.

Tech has been dormant for un plus longtemps. I don't see NAZ 5000, but the SMH could run from $36 up to $45ish by December.
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