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

To: GREENLAW4-7 who wrote (123057)	8/6/2009 8:46:23 AM
From: CommanderCricket	1 Recommendation Read Replies (1) \| Respond to of 206178

greenie, I hope you've been making some money on this run up. It would be a shame to think you it missed it. Been a hell of run and I've got tight stops ready to execute then I'll join you on the dark side. CC

To: GREENLAW4-7 who wrote (123057)	8/6/2009 9:08:18 AM
From: kollmhn	1 Recommendation Respond to of 206178

"Why so many folks want to believe this market should be at this level is insane!" Well, if lot's of folks are sitting on cash yielding 25 basis points, there will always be some that break ranks and spend it on something with upside. Remember that line from the movie "Marathon Man"............"Is it safe?" Clearly, it is to many

To: GREENLAW4-7 who wrote (123057)	8/6/2009 12:38:25 PM
From: profile_14	7 Recommendations Read Replies (1) \| Respond to of 206178

We are way overbought on lots of metrics, but markets can stay insane longer than I can stay liquid. Step aside if you must but don't bet the farm on the short side. Reversion to the mean occurs, but when is anyone's guess. Data are still conflicted and bulls are grasping at any reduction in bad data to make a bull case. Can't blame them, but it does not sell me yet. Government is spending money on pork at a rate that is crazy. Little is stimulating the economy. Lots of balls up in the air still and I am not convinced this is just not a bounce off a bottom from which we will experience lots of volatility, both up and down, for the next 5+ years. China's bubble WILL pop because they sell to the rest of the world that is in a funk. So while they spend their money transferring reserves from dollars to hard assets (commodities), they are simply buying time hoping the world recovers soon enough IMO. If things don't get better very soon, they will rethink spending their reserves in the way they have, and since they are the marginal buyer, watch prices collapse if they slow down. Just my very cynical and humble opinion. I would like to add hard assets on a dump possibly later this year, like NG at under $3, or the companies with the largest reserves like BP, COP, DVN, when/if the price goes down. Best,