Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: gold$10k who wrote (10888)	4/20/2002 7:03:02 PM
From: isopatch	Read Replies (2) of 36161

vt. That's fine. PMs, oil service and gassers are in primary uptrends. That's were it makes sense concentrate trading and/or long term investing. And, we've been doing that for a long time. My point was simple. Others who've been "loading the boat" in sectors in an unresolved primary downtrend - like biotech - are exposing themselves to increasing losses as we've seen in the large recent declines in those stocks. Once there's a confirmed bottom, then it's time to load the boat. Those who ignore that basic rule could be sitting on dead money or even fairly significant losses for a long time. Isopatch

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