Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (8275)	5/31/2001 11:53:19 AM
From: stomper	Read Replies (1) \| Respond to of 52237

33 billion in repos and permanent reserve additions in last 3 days!! Staggering. -dave

To: Paul Shread who wrote (8275)	5/31/2001 3:22:15 PM
From: isopatch	Read Replies (1) \| Respond to of 52237

Sold my ST positions in PMs last week What remains is focused on a multi-month holding period. As Stompers reply to you points out, the Fed is pumping in such huge quantities of liquidity that stagflation looks more and more like a done deal. That environment strongly favors the PMs. Remember we've had a big run in most of the better gold stocks. It could take more consolidation in both time and price before we're ready to rally again. That's why I sold a lot of my PM holdings last week. BTW, during periods of stagflation in the 1970s it was not unusual for CRB to remain weak well into the early phase of major rallies in the precious metals. Bumped up RTN position by another 25% today. In fact, used a small part of the proceeds from the profitable liquidation of the ST portion of my PM portfolio last week to do so. Would like to see RTN get into the 27s before I add any more. But any price under $30 is a good LT value IMHO. Other large position in defense area is sm cap RTI which I've mentioned here before. Excellent little company, which last time I looked was up for the 3rd day in a row. How have your recent trades been treating you? Cheers, Isopatch