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


To: ItsAllCyclical who wrote (7687)2/12/2004 4:09:14 PM
From: isopatch  Respond to of 108919
 
IAC. Cash got as high as somewhere in the mid/upper 80s

yesterday.

If I get ST bullish, looking out a week or two? Might take it down as low as 50%. Not made that determination yet.

So, current Intermediate Term bearish outlook sets my cash to the 50 to 85% range vs the strongly bullish Intermediate outlook for most of 2nd half last year when it ranged from under 10% to a 50-60% max.

Different strokes. FWIW, that's the way I do it.

Isopatch



To: ItsAllCyclical who wrote (7687)2/12/2004 4:16:17 PM
From: gold$10k  Read Replies (2) | Respond to of 108919
 
IAC,

My cash was as low as 35% a few days ago, 43% this morning, and 51% now. I have already taken what profits there were. The remaining shares (35% Au/Ag... ala Richard Russell, 14% other metals) are very good value, but will likely drop some anyway. My PF has regained almost 7% in the last week... now positive for 2004, but will likely dip again next week.

Regards,

vt