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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: nspolar who wrote (18742)	2/22/2003 5:39:36 PM
From: chowder	Read Replies (1) \| Respond to of 206131

>>> Since I don't have a reputation over here it doesn't matter much to me whether I am right or wrong. <<< Yeah but, I remember you from the $5 oil days over on Yahoo. So your reputation is at stake! <vbg> I mentioned to Greenie, over on the RIG board at Yahoo, that his analysis may be spot on. So may the analysis of some of the bulls here. I don't concern myself with the story, just the reaction to it. If the stocks want to go up, I'll play along. If they want to go down, I'll go hide in the closet. I have worked very hard at trying to keep from being bullish or bearish. I'm merely trying to play the odds and stay on the right side of the trend. It isn't uncommon for me to only hold a position a day or two. I think the amount of buying we saw yesterday shouldn't be ignored. We could see the OSX whipsaw in the next couple of days, but what I'll be looking at is selling volume. If I see above average selling, it's a clear sign to me, to get out fast. I do believe the entire market, this includes energy, takes a hit initially when war is announced. Most of my money is still waiting for this to happen. I believe we'll see a relief rally in the days that follow. I think being fully invested at this juncture is very risky since there's still a lot of uncertainty in the markets. dabum

To: nspolar who wrote (18742)	2/22/2003 7:12:19 PM
From: Tommaso	Read Replies (1) \| Respond to of 206131

>>>FWIW.<<< very little, as best I can tell

To: nspolar who wrote (18742)	2/23/2003 8:44:22 AM
From: GREENLAW4-7	Read Replies (1) \| Respond to of 206131

NSPOLAR, If you take a look the 3 year chart on the OSX you can clearly see a head and right shoulder. I also see OSX and many of the stocks in downtrend that I sincerely cannot comprehend how they can sustain any BULL move with the products currently at 36 and 6.5. Both at 2 year highs currently, and shoulder season quickly approaching. (BLOW OFF TOP) I also see better shorts in other places of markets since I cannot see this broad market going nrth anytime soon. Actually the price of commodities are killing the economy and it will be evident in quarters to come. The one point I would make regarding technical position of OSX, if this move above 86 does not hold for long, the bottom could fall out of many stocks. I do agree that NG plays like PTEN, and NBR are ok shorts but there are better shorts in the patch relating to crude after lasr week. I do wish other bears who believe OSX is heading lower would roam here, but many will not. Good luck and thanks for sharing your thoughts