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: SliderOnTheBlack who wrote (67313)	5/31/2000 7:19:00 AM
From: chowder	Read Replies (1) of 95453

Hello Slider! Count me as one person who appreciates the effort you've put into your many posts. Like you, my background is insurance and financial sales. I have over 20 years experience in this field. One of the benefits I've received from this experience is having the knack to focus on the message as opposed to the messenger. Your message about margin use, at this point, at this particular time, is coming in loud and clear as far as I'm concerned. Although I haven't totally liquidated positions, I have cut back and taken some very decent profits. I agree with your risk vs reward scenario pre-hate hike, pre-OPEC and quite possibly pre-tech melting down even further. I don't see a reason to turn calculated risk investments into speculation and gambling for the sake of a few extra percentage points. This war will rage on. This warrior is taking time to re-supply, re-energize and renew his objectives for the post rate hike and post OPEC announcement. You can't fight a battle without ammunition (cash) and supplies (margin). Thanks again for your very fine efforts. dabum

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