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Strategies & Market Trends : Strictly: Drilling II

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To: SliderOnTheBlack who wrote (14458)6/18/2002 10:06:11 AM
From: re3  Read Replies (2) of 36161
 
i do not understand how a dow at 6000 would be the mommy of all buying opportunities but that hgmcy at its current price and p/e ratio is not the mommy of all buying opportunities...

okay you sold some at a good price for now...what if hgmcy goes to 100...at which point between 12 and 100 are people gonna run to buy it back...unless you feel comfy holding lots of pictures of expired presidents...i'm not so sure that is such a sweet idea for the ol' "long run"...
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