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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Challo Jeregy who wrote (28760)1/30/2002 12:36:44 PM
From: isopatch  Read Replies (1) of 52237
 
No Challo. And thanks. Traders apparently love the news<g>

finance.yahoo.com

Actually, the whole NG sector has gotten creamed the past couple of days and is dragging the oil service stocks down behind it.

Don't think this decline will be over quickly. But, for the patient, there will be some great buys well worth waiting for IMHO.

Have seen this happen many times, over the years. My simple minded formula is to sit out the carnage on a mountain of cash and let the stocks come to me. At the rate we're going, could see a low of some consequence sometime in February. Just have to see what Mr Market decides to give us.<g>

How do you have your capital allocated at this juncture?

Regards,

Isopatch
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