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Re: lentinman post# 8227

Tuesday, 05/24/2005 5:34:46 PM

Tuesday, May 24, 2005 5:34:46 PM

Post# of 25966
NASDAQ....I think getting short somewhere here is a great trade for this year. No "Value" here at all.....looking for a spot to sell.

I missed the NASDAQ top in 2000 but really made a killing that year. I WAS buying "DEEP VALUE" on the day of the Nasdaq top. Warren Buffet type stuff that only the "out of touch" old fogies would want. Real NYSE companies with real earnings and low P/E's.

I later saw the top for what it was and went short CSCO, YHOO, LU, JDSU. I was short 100% of my "VALUE" longs and made huge money on both sides. 2000 was my best year in recent memory. This year has been so-so at best......but it could be "shaping up".

I would be looking at getting long OIL companies as a value play. I may also get long GOLD and OIL futures sometime in the near future. Also looking and following most natural resource plays.

The US$ will top out sometime......the "game" should change when it does.

Rogue


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