I think this thread serves the purposes of entertaining the
patricipants and consoling those who have lost large
amounts of capital(we share mutual empathy-except, of course,for scname.)
If you still believe in the fundamentals, as I do, hold your position, or if you can, add to it regularly.
It's not sexy to say this, but no one, myself included, can
consistently predict the short term direction of these
drillers. During times like these, technical analysis, while
perhaps entertaining, is utterly useless.
This is a win-win situation for me. If RIG, DO, and RB increase
in value, I will become wealthier. If not, my cat has been
destroying my wallpaper-so ultimately my shares will be put to
good use even if they have no intrinsic value, they should
make excellent wallpaper. |
