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: Olaf Koch who started this subject	11/14/2001 11:19:00 AM
From: SliderOnTheBlack	Read Replies (3) of 95453

The Chihuahua's - Allways stay too bullish too long at the top (rode the June Swoon down) and allways get too bearish at the bottom - ie: didn't call the TURN and then got on board atop the bounce and are now getting whipsawed again - failing to see the "TURN" as nothing more than a DCB "trading opp" - nothing more, nothing less... whodathunkit ? IT'S THE SLOWING GLOBAL ECONOMIES - STUPID(s)~ Sub 60 is safe LT hold territory - as the historic bottom band of the OSX trading range is 45-60...but, you guys have to have sore necks getting whipsawed so often. The single biggest mistake you guys make - especially the TA-wannabe's is in continually trading cyclical sectors like the patch - "in reaction to" and not - "in anticipation of" the market.... Ciao~

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