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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (28156)2/14/2003 5:47:24 PM
From: isopatch  Respond to of 36161
 
Jim. Pop in the fiat paper bank index today

predictably spread to the broad market indices as the day wore on. Wouldn't surprise me if the ESF and PPT were active in a buch of key markets today. Their patterns are getting pretty predictable. Put some rouge on the cheeks of the corpse just before or after every regular Fed meeting or whenever one of our fearless leaders stands up in front of the cameras. What a hoot.<lol>

Can't have the markets look like they're voting against Colin Powell's exhortations to the Security Council today.

And that includes leaning on the yellow a bit more WHEN....

the big trading desks on the Street are empty of senior decision makers heading to the Hamptons early for the long weekend.<g>

No confirmed tradable bottom in the PM stocks yet. I'm just going to let Mr Market tell me when to start the reloading in a serious way. Till then traveling very light with just 10% in PM stocks, and 60% of that hedged with short calls.

Best regards,

Iso