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

To: whitepine who wrote (65766)	6/12/2006 2:14:34 PM
From: whitepine	Read Replies (1) \| Respond to of 206093

CC, Observe....less than a year ago, BTU was trading at less than 25.60 wp

To: whitepine who wrote (65766)	6/12/2006 2:18:53 PM
From: gparker940	Read Replies (2) \| Respond to of 206093

CC...are you still holding a core BTU position? I thought I was, but am about to give up on the core/trader shares idea, and simply swing trade. Picked up another 1k of BTU last thursday late A.M. at 51.40...considered it a steal, but got stopped out of it this morning. The stockchart looks like another two or three day drop is possible for BTU. Maybe Sir Dabum would be kind enough to give us his view of when it's safe to come out of the foxhole and repurchase BTU. Best regards.

To: whitepine who wrote (65766)	6/12/2006 10:06:08 PM
From: energyplay	Read Replies (2) \| Respond to of 206093

Whitepine - I am thinking that all money market might be the right way to go. I am getting the sense that the various central banks, including the FED, Europeans, Japan, etc. aren't just trying to drain excess liquidity - they will push until something in the real economy breaks. That breakage might be called an "accident" but it won't be. I think they want to really reduce commodity prices increases as a possible inflation driver, and crush "inflation expectations". Is this just tough guy rhetoric, or serious ? I can't tell. Right now I'm about 1/4 cash, 1/4 bear funds, 1/2 long value stocks - Canroys, undervalued mining stocks, etc. And I get clipped every day for about 1/2 to 1 %, even with some 2x inverse bear funds. Looks like I need to cut back my longs. I think I'll keep the bear funds for now. Thay are all above their 200 day moving averages and heading up...