Echelon Corporation (ELON) Message Board

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Technology Stocks : Echelon Corporation (ELON)

ELON 21.88

+10.1%

Oct 6 5:00 PM EST

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To: MARK C. who wrote (1010)	2/4/2000 2:56:00 PM
From: Andrew Brockway	of 3076

Marc, I totally agree with your comments. Once you make a few successful trades, get a little confidence, it's hard not to place bigger bets - sometimes wrongly with core holdings. Over the past year I've been playing the oil patch. Bought some oil service and E&P stocks at ridiculously low prices (when crude was at $8). Well, now oil is $28 and many of these stocks have doubled off their lows, and still are 50 to 200% off their highs from the last cycle. The positions I took at the bottom are holds until I perceive a top to this current cycle. But, along the way I've traded (in my own way) the heck out of these stocks. I knew I wanted to be in oils for the relative long-term, but didn't want to over weight my portfolio in such a volatile sector. Nice to turn the ebbs and flows into profits - fun too! With ya on the "long" ride, Andrew

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