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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: SliderOnTheBlack who wrote (56203)12/6/1999 4:23:00 PM
From: Crimson Ghost  Read Replies (1) of 95453
 
Slider:

Wish I had followed my own advice more rigidly. While not exposed in a major way, I do have a modest position in FSESX because I like it so much long-term despite my short-term doubts.

But thinking back on many years of trading I should have realized that volation of this rule (never hold a stock or group that cannot go up on good news) has almost always cost me.

To repeat -- NEVER BUY OR HOLD A STOCK OR INDUSTRY THAT CONSISTENTLY IGNORES GOOD NEWS. BUT BUY LIKE HELL WHEN A DEPRESSED GROUP STARTS IGNORING BAD NEWS.

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