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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (1694)6/28/2013 2:15:32 AM
From: Goose94Read Replies (4) of 201982
 
John Kaiser wrote in his paperback Kaiser Bottom-Fishing Report January 5, 2000. I found interesting.

Bottom-Fishing Strategy (1997 Bre-X fraud and start of the commodities bull market 2003 - Goose)

Bottom-fishing in 2000 should involve a two-pronged strategy. The junior resource sector is still cold, but it has turned the corner. The timing is right to accumulate quality resource sector bottom-fish.

The first prong of our 2000 bottom-fishing strategy is to buy the best of a very depressed sector, namely the resource juniors. The second prong will be to bottom-fish a sector that is only relatively depressed. This is the Canadian technology sector, which is cheap compared to it's American counterpart. The limited analytical coverage for Canadian non-resource juniors has allowed a situation of overlooked juniors to develop that constitutes a bottom-fishing opportunity.

John Kaiser
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