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Strategies & Market Trends : Strictly: Drilling II

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To: TheBusDriver who wrote (22749)12/4/2002 4:39:20 PM
From: isopatch  Read Replies (1) of 36161
 
Wayne. Missed adding to HOFF at the lows

today. Wanted to pick up more at 5.20. But the bugger didn't get there.

Part of my position is in very lo 5s (from earlier this year). But have bot all the way up to 6 bucks.

Small caps, particularly in oil service can be very volatile in both directions. Besides that, there's not always enough volume to position in size with only one or two purchases. It's important to average in for both those reasons.

Year end tax selling always full of surprises. Hopefully I'll be able to take better advantage IF we see another dip to the lo 5s.

Isopatch
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