Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: t4texas who wrote (4063)	11/16/2001 11:42:33 AM
From: isopatch	Read Replies (1) of 36161

And no surprise, stock is even a better buy today. I'll sticking with the conservative approach on the golds The argument can certainly be made for averaging into partial initial positions. And I've done that close to current prices. But IMO It's to early to be an aggressive buyer for a multi-week or month holding period. All I see in the energy and gold common stocks - UNTIL we get confirmation that a bottom is in - is a knife catching contest<g>. I'm happy with my current emphasis on NEM preferred vs till I see a confirmed low in my common favs. Doesn't mean you can't make money day trading or with ST scalping. But that's not my style. Isopatch

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