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

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To: Think4Yourself who wrote (85653)1/30/2001 10:40:58 AM
From: ItsAllCyclical  Read Replies (2) of 95453
 
You could be making the right move, but I reduced my trading position in energy for now. The next 2 weeks are supposed to be warm. Maybe energy can move against the grain. If so I'll jump back in but I'd rather increase my cash position for now.

Still holding EEE and TAM. I like EEX long term, but feel this earning's report combined with warm weather could take it back under 4.

Hoping for one last big pullback in EEE.

I don't see a major pullback in energy, but given the warm weather and another 50 basis pt cut I don't think the odds are good for a near term rally either.
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