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Strategies & Market Trends : Ride the Tiger with CD

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To: Condor who wrote (103784)1/22/2008 11:56:48 AM
From: ogi  Read Replies (2) of 312346
 
Yes. You are not a spoiled sport, I believe the balance of probabilities are to the downside for the short term. A lot of damage that is not healed by a bit of upside bargain hunting today. I suspect the buying will taper off.

Raised a lot of cash yesterday but did not remove myself from possible big discoveries, cn, cpq,eln, poe. Am out of PEZ temporarily and AUN, which I think is suffering from the downturn in base metals and now the bear market, great value but am thinking it is pretty dead money for longer than I wanted, so more a timing issue on Aun and Pez which I will buy back when I am more comfortable.

Cheers,
Ogi
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