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

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To: Charles Macdonald who wrote (72429)9/6/2000 1:15:11 PM
From: isopatch  Read Replies (1) of 95453
 
Charles. EEE is one of my core NG E&Ps.

My approach is to look for emerging strength, position it before a big move and then let the stock do the work. IMHO, all indications point to much higher prices ST, IT and LT for EEE. So I think it's important to let it run.

One of the biggest mistakes I made years ago was over trading my account, taking profits way too early with winners AND being stubborn and holding onto under performers. In the past few years, as I've worked hard to overcome those (and some other) bad habits, my performance has improved dramatically.

Generally, I don't set exit prices for positions. Just try and listen to what the tape in the stock and the sector are trying to tell me and make decisions to buy, sell or hold when necessary. And I still make plenty of mistakes<g>.

Hope that answers your question.

Isopatch
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