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


To: jrhana who wrote (28999)3/3/2003 11:28:47 PM
From: gold$10k  Read Replies (2) | Respond to of 36161
 
jrhana,

Safe stuff? Ain't no such thing, IMO. They only seem safe until you run out of buyers as YMC and INM did recently. Some buy strength in the hope that the strength will continue. Some buy weakness in the hope that the damage is already done and over. Some wait in cash for the all clear which may come at higher prices. BGI and MNP used to fade fast and hard in a pullback, but this time they're holding up relatively well, so far. Never can tell.

Just my 2 cents,

vt