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


To: isopatch who wrote (7721)2/13/2004 10:40:06 AM
From: Christopher Loe  Read Replies (3) | Respond to of 108781
 
ISO, I'm in a little different camp than most on this thread. Currently 85% invested. My take, contrary to most on this thread, is that we are in a bull market till late 2005 with the risk into 2006. Unbelievably we are in our second bubble with all the shorts absolutely getting creamed & tarred & feathered. I only hold NXG for insurance because I believe it to be undervalued.

Could we have a market crash, of course we could. It will take another 911 or some other catastrophic event to ignite it, in which, one can never prepare for in my opinion, no matter how good you are.

I have seen this time & time again, everybody calling for a crash, when in reality, it happens very rarely. Most traders lose money preparing for crashes than any other strategy in my opinion. So go with the flow until it isn't there. I'm long & hopefully in the right equities.

Chris