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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Bert who wrote (880)9/25/2003 4:52:44 PM
From: isopatch  Read Replies (1) | Respond to of 108672
 
Thanks Bert. Do think there'll be a good bounce back. But

there was some damage done today. Looks to me like a shot across the bow, such that our bullish voyage is going to be interrupted by a wave 4 decline - if not now - then very shortly.

So, playing it a little more cautiously than usual, playing only a few trade set-ups at a time and then watching the eggs in that basket very closely.

Really think we're into or very close to:

Capital Preservation Time for longs (which includes recent profits<g>) taking the spotlight away from going aggressively for further big gains on the long side. Not there, for certain, quite yet. But my corns are achin'<G>

Isopatch