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.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (94321)	10/30/2001 1:52:28 PM
From: The Ox	Respond to of 95453

Message 16580442 Canadian NG update

To: The Ox who wrote (94321)	10/30/2001 2:23:49 PM
From: kodiak_bull	Respond to of 95453

Michael, What an ingrate. :^) Kb

To: The Ox who wrote (94321)	10/30/2001 3:07:08 PM
From: upanddown	Read Replies (1) \| Respond to of 95453

I wouldn't exactly say your comment about the OSX being "capped" at 82 was a great call. Exactly right, Mike and especially since the lying lil' weasel bailed at 77 and missed another 15% upside. Most of us would consider that a lost opportunity but to SOB, it is just another in his world-record streak of perfect trades. Must be at least up to one thousand.. John

To: The Ox who wrote (94321)	11/1/2001 9:44:08 PM
From: Stormin Norman	Read Replies (3) \| Respond to of 95453

Slider, Are these the little runt chihuahua dogs you talk about? Am I right that they are peaking their heads from under the porch? Nasty little dudes, aren't they?

To: The Ox who wrote (94321)	11/2/2001 11:42:17 AM
From: SliderOnTheBlack	Respond to of 95453

Happel re: ["We blew right through 82 on the way to 89, so I wouldn't exactly say your comment about the OSX being "capped" at 82 was a great call. It is no surprise to me that you've returned to tout your statement now that we're back at the 82 level."] ...I don't think anyone predicts sector indicies to turn on "exact" tic' numbers. OSX 82"ish" - means begin to take profits into the move thru it - and/or use it as a sell stop if you let it ride. My point was that the "TURN" was a TRADE...nothing more, nothing less. We're fair value-range bound here. I took everything off the table and only kept some partial profits in "crude-levered" plays and only in "calls" for leverage. Only a War-Oil supply disruption holds any attraction for this sector at the moment. .99 cent unleaded gasoline today compared to $1.65+ just weeks/months ago.... slowing global economies - getting slower yet and layoff wave, after layoff wave still coming. A slowing global economy trumps everything except "WAR" - end of subject. I'd stipulate that re-tests of sub OSX 60 are decent LT re-entry opps....as well as great trading opps. The historic bottom band of the OSX is 45-60.... people can and will make money over time there... but; the real world fundamentals still make DOW 6-7000 and a triple digit NASDQ highly probable imho...and that doesn't portend much for OSX stocks here - other than (excepting a "WAR/pop") they'll have to be LONG-TERM holds (vbg). The PE for S&P stocks today - is over double what it was in the 1990-1 recession... "double"... this market is not priced for the present global economic environment...and it is not cheap on any historic metric...and we have no idea how to price & factor in all of the "Rougue Wave" ramifications of this new "War on Terrorisim" environment.... none at all. We are clearly in a deflationary environment and we must reflate to keep from further deflation... reflation and a weaker dollar are the obvious cure for what ails us here and gold/silver stocks are the beneficiary of reflation & a weaker dollar.... Auto Mfr's gave away the store here of late... they're going to move to massive layoffs soon... unemployment could easily hit 7% by spring... tic toc' It's still time to be in a "prevent defense". good luck; as usual - you guys are going to need it (vbg) ciao~