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

To: isopatch who wrote (36523)	3/6/2006 7:04:18 PM
From: Roebear	Respond to of 108633

A very important post that should send shivers through bulls of nearly all sectors, good catch isopatch! Closed out my shorts today, my timing was off a bit, which meant my profits were off quite a bit, then again, 2% of portfolio that was in play is not much to get worked up about. Projects are not going as well as I would like and that is distracting me to the point where the markets are a nuisance. So why play if you are not having fun, I asked myself...and I know the hardest thing for a trader is not to trade, but what else to do when there is NO time?? Consequently I am now 100% cash, up from 98% cash, ggg, obviously, at this juncture, I believe Cash is King, I recommend extreme caution with the markets. As for me, I will be back trading when I get my extra work done AND after some well deserved R & R! I am sorry to report at the rate the work is going this is going to be a few weeks at least!! PS, while weather maps indicate cold will come back after this warm spell, I believe the threat of winter diminishes greatly as my natural indicators are showing spring is ready in a week or so after a good taste of it later this week. Just in time for the calendar, ggg! However, UNUSUALLY severe weather outbreaks of the spring variety (violent TStorms/Tornadoes) are also likely this spring. So keep an eye on the sky! Best of luck to all, Roebear