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 (75573)	10/4/2000 12:40:20 PM
From: ItsAllCyclical	Read Replies (1) of 95453

>> always returning to a disciplined 30%ish Cash position << >> The more discipline I exercise; the greater the opportunities I find myself literally walking into. << Agree 110% - especially in Oct and with this market. I just find it hard to do becuase it's so easy to focus 3,6, 12 months out. I do think oil stocks will go higher still, some significantly. But ST I don't see too many sectors rallying and there is plenty of downside risk right now. The Nasdaq keeps snapping every technical support level. I do think we'll get plenty of buying ops in tech and/or oil. Now if I can just maintain my discipline... The Nasdaq looks UGLY. Given the technical breakdown I'd be surprised if we didn't retest or make new lows here. 207.61.23.98

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