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


To: Cogito Ergo Sum who wrote (31519)7/24/2003 4:13:51 AM
From: TheBusDriver  Respond to of 36161
 
<<I could be weighted more towards producers than explorers but I really can't complain >>

Same here. POG rally caught me off guard for producers.

Wayne



To: Cogito Ergo Sum who wrote (31519)7/24/2003 11:04:04 AM
From: isopatch  Respond to of 36161
 
<portfolio feels like last December these last few days>

Ditto. If we can close the week with the BO on the HUI wkly chart, the odds increase significantly that the PM surge will continue like it did in Dec/Jan.

Till then, in spite of some aggressive buying in the sector during the past 2 wks, there's still a tad of skepticism in my bones. That's why I've continued to hold plenty of cash in reserve. (Having nothing in the energy sector - which is rare for me - means some of total cash is escrowed for quick deployment when my work gets a more favorable outlook for the gassers and oil service stocks.)

All FWIW.

BTW, noticed you talking about how cool it's been, so far this Summer in Toronto. Ditto in central Ohio. Was 60 degrees when the market opened this morning. And 10 temp outlook indicates continued below av temps ahead for us both per the 3rd map:

grads.iges.org

Isopatch