Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Post_Patrol who wrote (64215)	4/11/2000 10:00:00 AM
From: SliderOnTheBlack	Read Replies (1) of 95453

Postal, Postal, Postal... when are you going to learn ? You should have stuck with what you do best - buy & hold. You failed to take profits & trade any of the prior "cycles" - sticking close to your knitting and holding - not, that there was anything wrong with that at all... But, now that you've finally decided to "trade" you sold at 100 - going short & are both underwater on your shorts AND missed the moves to 120 - taking even greater profits and the opportunity to re-buy/average in here - "trading 101" - sure; but its only simplistic if you use it... Sitting and waiting for a chicken-little fall to OSX 80, or was it 85 this week (VBG?) - is only going to get you what you got before - a missed train... I'll take my "trading 101" averaging in here anyday - at least getting "some" $38 HAL, $43 RIG, $15 PGO, $18 FLC etc - versus missing getting "any" cheap shares at all - by waiting for the magical OSX 80, or was it 85 ? You'll be chasing again at 115ish trying to grab onto something....)and/or closing your shorts for significant losses from approx OSX 100 - you're still underwater here - as you were on record for going negative way before the OSX broke through 115 Postal ? I fail to see at all what you're crowing about here ? And if you're "really" short (I don't think so) - you covered at 115-120 - I know you dont have the "stones" to have held thru 115; and you're still upside down - since you were on record for going negative/short etc at about OSX 100ish - are you not ? So, in my book - yes; you did miss the train & if you haven't closed out your shorts - you're about to be "double-whammy'd" by missing the boat long and getting killed on your shorts as well... Postal - you were, are and will probably continue to be - roadkill on the rails of the Oilpatch's Boom 2000 Super Train. beep - beep...

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