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Strategies & Market Trends : Strictly: Drilling II

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To: ItsAllCyclical who wrote (29085)3/5/2003 10:28:07 AM
From: Frank Pembleton   of 36161
 
IAC... according to my life in a bear market I look to get out after a 5% loss. Since we are somewhat toppy in the NG sector, I don't worry a whole heck of a lot about getting whipsawed.

...as for RRI-- I'm looking at getting back in, will probably wait another hour or so and see what the market does...normally I buy a quiet markets as opposed to selling them. War seems to be changing this strategy somewhat.

Still holding CNP -- I'm also holding Tesco and Purcell Energy. Playing energy stocks hasn't been a complete waste-- better than staying long in gold stocks.

Regards,
Frank P.
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