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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: jim_p who wrote (39964)	3/9/2005 2:16:45 PM
From: Big Dog	Read Replies (1) \| Respond to of 206316

It really looks like the sector wants to go down. I have almost zero longs and a speculative short position with puts on the OIH, and short PDE and PKD. I'm thinking when she starts to blow, she's gonna blow hard for some days. Maybe tomorrow is the day... big

To: jim_p who wrote (39964)	3/9/2005 2:17:42 PM
From: Proud Deplorable	Respond to of 206316

Molybdenum climbs another dollar today to 29.50 "and the OSX being sold out by the smart money as the mullets get sucked in at the tail in of the cycle." Is this the same smart money that said oil was going back to 20.00? My friend...there is NO smart money out there because what is going on is not cyclical anymore and is bigger than any of the analysts with their myopic narrow minded viewpoints (which is largely based only on perceived fundamentals in the USA precluding the rest of the world) think it is. Sheeeesh other countries must get annoyed when the USA thinks they are the only inhabitants of this planet. Here is a question ....how much time will it take before the world's population doubles? Will these new inhabitants of Earth need energy? Will they get any at todays prices?

To: jim_p who wrote (39964)	3/9/2005 3:08:13 PM
From: Taikun	Read Replies (1) \| Respond to of 206316

jim p, China exports steel. I think that makes steel different. I don't think you can extrapolate a drop in steel to mean a China slowdown. D

To: jim_p who wrote (39964)	3/9/2005 3:27:02 PM
From: Think4Yourself	Read Replies (2) \| Respond to of 206316

I read recently that China's infrastructure is maxed out, meaning the economy can no longer grow at it's recent breakneck pace. The railroads are routinely turning down requests to ship product. CNBC is singing the praises of energy every time I walk by the TV. I have been doing a fair amount of research lately and cannot find any factual data indicating the shortages of fuel stocks all the analysts are screaming about. The stocks are in fact growing and most are already above their five year averages. Bottom line is that the data seems to support your assertion that the smart money is trying to get out.

To: jim_p who wrote (39964)	3/9/2005 3:41:04 PM
From: profile_14	Read Replies (2) \| Respond to of 206316

Oil not up anymore, or just barely. OSX going into the tank pretty fast as the day ends. Homebuilding stocks are getting crushed. Heck, you've got to wait for that 15-point trading channel line to break, you just have to, right <ggg>? God forbid anyone look at fundamental data anymore and trade on that and hope to capture part of that correction before a signal line flashes on the screen by some arbitrary heuristic algorithm that has no correlation to the real world. I just hope they pop up again for me to short some bloated names because after all, these stocks are not cyclical anymore. Sorry for my cynicism. I think you know pretty well how I feel. I am raising cash and looking more and more at shorts for now. Best regards,