Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jim_p who wrote (79315)	11/17/2000 1:26:19 PM
From: isopatch	Read Replies (1) of 95453

JimP. You may be right. But I'm not in any hurry at this point<g>. Already have a great year under my belt. So, as I've (in essence) posted over and over since the Sept top, "caution is the better part of valor". Of course, "caution" means different things to folks with different trading styles and holding periods. And they will position themselves quite differently. For example, there are those here who openly posted far cautious portfolio allocations than my 50% invested stance. Can recall several specific post stating by long standing members who are currently between Zero and 20% invested. If you want to continue with you oft stated style of being an aggressive trader? I'm not going to criticize you, any more than I would criticize those who have far higher cash positions than I do. Moreover, I'd strongly encourage more posters and lurkers to post their current allocations of stocks vs cash (or buying power in the case of margin investors). This can only contribute to the very important topic of "risk management" on the thread. And IMHO you and I along with everyone else can only benefit from taking a good look at those allocations and the rationale behind same. This is a very challenging market. But very exciting. To to be honest, as much as I disapprove of this election boondogle, I'm enjoying the intense market game that this, end of year tax selling AND the uncertain economy are creating for players like you and me. With so many uncertainties wipsawing the tape, this is rapidly becoming a professionals only market. And I can tell you that even many of them have significantly reduced their exposure in the current environment. We sure as hell "live in interesting times"<G>. Isopatch

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next