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 : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Jon Cave who wrote (15750)	7/15/2002 1:00:11 PM
From: SliderOnTheBlack	Respond to of 36161

["Slider, have you bought XOM ?"] No... my ass is too puckered for my fingers to work properly (vbg). I hate losing ANY money - ever. I'm only 20% long - primarially for the anticipation of an interim counter-trend raly that I think will be orchestrated by Greenspan tomorrow & propped by the ESF/PPT boys. As long as another earnings/accounting bomb doesn't drop... they just might pull it off. I think I'll wait for sub $30 XOM... hard to resist there. DUK could be opportunity,,, EP as well - I've nibbled...not enough to matter ...still short a near equal amount and holding 15% gold stocks...still 40-45% CASH and feel naked any time it's below 50% (vbg). Watch NEM here. It's THE large cap Institutional play...a break thru $30 on STRONG volume will be crucial. For fund managers with only 3-4% cash and getting redemptions ramping here... I'd nail down all the windows from the 3rd floor up shortly....this IS getting UGH-LY ! Can you imagine if we completely re-trace the entire post "irrational exhuberance" bubble ? Greenspan will become a more historically significant clown than either Emmett Kelly, or Bozo...