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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?


To: Condor who wrote (16234)12/10/2003 2:54:56 PM
From: Bucky Katt  Read Replies (1) | Respond to of 48461
 
Condor, many many things were discussed, and we are meeting again Friday, but the drift is the probable hangover from all the stimulus that has been, and continues to be pumped into not just the US economy, but worldwide.
And the fact of the matter is simple, the big money people have been pulling out of long stock positions.
The flipside is we know darn well they want the populace to spend till they drop for the Xmas season, but I see 50% off sales everywhere already, so I sense certain retailers are and have been a good short...
HD & LOW are in another sector that will not do well when interest rates go up, and I already have some long time value puts in place..

We talked a lot about debt levels, both public & private, and yes, the pretty metals were talked about heavy, especially platinum, as it just made a 23 year high into $810, and since I advise a private fund that trades metal futures exclusively, they are quite happy with my advice, precious & base metals...
(low hanging fruit has been picked)

Gold is gold, still manipulated by central banks, but if the dollar continues to lose value, gold will continue the uptrend.