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: energyplay who wrote (78618)	11/11/2000 12:00:49 PM
From: isopatch	Read Replies (1) of 95453

Good Point. Many investors don't understand ovr-bot & ovr-sld concepts: The most bullish thing a mkt can do is stay overbought. The converse applies as well. There will be good tradable rallies along the way but we are in a bear market. At over 45%, am content to sit on my highest cash level this year. Since mid-Sept, have been managing my patch dominated portfolio very cautiously on a stock by stock basis. Can see we are on the same page about the dangers in a market like this. Best way NOT to panic is to be "hunkered down" and keep a cool eye on that tape<g>. Best Isopatch

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