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Strategies & Market Trends : Strictly: Drilling II

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To: Louis V. Lambrecht who wrote (29200)3/7/2003 11:23:39 AM
From: isopatch  Read Replies (2) of 36161
 
Hi Louis. This isn't an easy market

Lot of head fakes without any follow through and lot's of dangerous whip saw action in a reduced volume environment.

Good time to be hunkered down and not take a lot of big risks with hard earned profits. All I've been doing since end of January when I when to a high cash position is:

1. Hold a few core positions - almost all in NA natural gas E&Ps

AND...

2. Do a ST trade here and there with reduced size positions to keep my trading skills up to speed.

How are things in Belgium these days? Are you having a cold winter?

Cheers,

Isopatch
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