GregFokker Posted May 27, 2003 Report Share Posted May 27, 2003 I have just received my 2002 annual report from Sprott Asset Management, as I own their gold and precious metals fund. "The markets are not always right, as exhibited by the several unsustainable rallies throughout the past three years. It is our duty to believe in what we believe, until economic developments prove that we should alter our current defensive stance. Many "bottoms" were called in this bear market, all of which have proven elusive, but the willingness of optimists to believe tends to contrast with the trends in place." - Eric Sprott Link to comment Share on other sites More sharing options...
PileDriver Posted May 27, 2003 Report Share Posted May 27, 2003 hey wait, I thought we'd never see a parabolic mania like 2000 again in our lifetimes? Since Oct lows OVTI 7x MED 24X KVHI 3x LAVA 4x Who needs to play options when you can tag these? Link to comment Share on other sites More sharing options...
Metamucil Posted May 27, 2003 Report Share Posted May 27, 2003 Meta,What's gotten into SEPR? It's up $3 in 5 minutes. Bull flag breakout I missed it. No chasing these. I buy at the bottom of the flags. Link to comment Share on other sites More sharing options...
2 floaters and a sinker Posted May 27, 2003 Report Share Posted May 27, 2003 Possible count. Link to comment Share on other sites More sharing options...
Guest bullseatshitndie Posted May 27, 2003 Report Share Posted May 27, 2003 last 2 1/2 hrs going to be mightly painful. Link to comment Share on other sites More sharing options...
MyGoldenStool Posted May 27, 2003 Report Share Posted May 27, 2003 hey wait, I thought we'd never see a parabolic mania like 2000 again in our lifetimes? Since Oct lows OVTI 7x MED 24X KVHI 3x LAVA 4x Who needs to play options when you can tag these? add 2 of today's screamers to the list JNPR & PMCS- 4X Link to comment Share on other sites More sharing options...
FeedFool Posted May 27, 2003 Report Share Posted May 27, 2003 Chart Link to comment Share on other sites More sharing options...
Metamucil Posted May 27, 2003 Report Share Posted May 27, 2003 Possible count. I am anticipating that count....unfortunately.....it should provide the conditions for a vicious correction.....few shorts will be left. My plan; cover over 954 and look to re-enter at that level. LVLT building serious potential energy...........fwiw Link to comment Share on other sites More sharing options...
GregFokker Posted May 27, 2003 Report Share Posted May 27, 2003 This Sprott annual report is some of the best reading I've done in weeks. Link to comment Share on other sites More sharing options...
Guest Posted May 27, 2003 Report Share Posted May 27, 2003 Meta,What's gotten into SEPR? It's up $3 in 5 minutes. Bull flag breakout I missed it. No chasing these. I buy at the bottom of the flags. You haven't missed many. I think this is more drug than biotech, which might explain a "miss". I appreciate your comments on the others. Link to comment Share on other sites More sharing options...
mjkst27 Posted May 27, 2003 Report Share Posted May 27, 2003 Open season on shorts - provision in new tax bill Stoolees, this is required reading if you value your short account I think it's clear to say shorts are being hunted explicitly Link to comment Share on other sites More sharing options...
FeedFool Posted May 27, 2003 Report Share Posted May 27, 2003 meta: any thoughts on amgn's reversal today? any news? Thanks chart Link to comment Share on other sites More sharing options...
coboy Posted May 27, 2003 Report Share Posted May 27, 2003 hey wait, I thought we'd never see a parabolic mania like 2000 again in our lifetimes? Since Oct lows OVTI 7x MED 24X KVHI 3x LAVA 4x Who needs to play options when you can tag these? But Piles, Imagine owning calls on them Everybody sees all those pattern we're watching, all eyeballs are gaming the same charts like Mark said, don't you think the market should behave opposite to what it was expected to do ? Doesn't everybody see that "low volume test of high" thing ? Aren't everyone aware of high bulls/bears ratio ? In effect, I guess this is like efficient market theory, everybody sees it but interprets it differently, so the end result never changes.. Link to comment Share on other sites More sharing options...
PileDriver Posted May 27, 2003 Report Share Posted May 27, 2003 hey wait, I thought we'd never see a parabolic mania like 2000 again in our lifetimes? ? Since Oct lows OVTI 7x MED 24X KVHI 3x LAVA 4x Who needs to play options when you can tag these? add 2 of today's screamers to the list JNPR & PMCS- 4X JCOM 14X TRAD 8X SSYS 6X USNA 12x Missed 2000 bubble pop? Got a second chance soon. Link to comment Share on other sites More sharing options...
DrStool Posted May 27, 2003 Report Share Posted May 27, 2003 Click Here for Anals mid-day update. Link to comment Share on other sites More sharing options...
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