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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Murrey Walker who wrote (49025)3/27/2002 10:55:14 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
damn, Murrey, you miss the entire point

the key to this whole investment challenge is to CAPTURE the next bubble
not lie in its wake
is that not true?
what do you think the next big wave will be?

with QCOM we rode it up, and rode it down
we bought the bullshit of the New Economy

of course, gold/silver will ebb & flow
people criticize me for my focus now
I believe precious metals, oil/gas, and a few other commodity sectors will be the ONLY positive sectors this year

I want to CAPTURE the bubble
and get out at or near the top

of couse a bubble will be built
ever heard of surfing?
it will be MY bubble
climb aboard, but there aint much room
only $35 B mktcap for all gold/silver shares

some fool on another thread said something like
"silver will only fail again after it takes off
just like 1980"

I will take a 20-bagger in the physical market
and a 40-bagger on the stocks
what an idiot!

unlike tech stocks, the superior commodity markets have better signal mechanisms
when silver futures contracts are backwardized, time to exit

I expect silver to gradually rise
then in 6-9 months experience a crisis
then in 12 months see higher prices force new supply onto the market
then stabilize at a price 5-7 times higher than now
if that is an ebb & flow story, fine, bring it on

/ Jim