Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Duane L. Olson who wrote (31034)	6/3/2003 11:58:56 AM
From: isopatch	Read Replies (1) of 36161

Mornin' Duane. Other than normal corrections and consolidations that are a necessary part of all primary uptrends? No, I don't see significant downside risk in the CanRoys, yet. For American and other dollar based owners, any corrective rally in the buck will be an important catalyst for a consolidation in these Rty Trs. In fact, we're seeing some of that today. For anyone who does read my posts I want to also emphasize that my plan from the gitgo has been to hold these trusts for income and tax deferral, UNTIL a major top is <confirmed>. So far, have also continued to hold fav E&Ps. However, as in the 1999 to early 2001 energy run, my tactics with the E&Ps include more of a trading mentality than is the case with the Rry Trs. Glad to hear you and others beyond SD II are making money with our ideas. Always helps to get positive feedback. My posting time is very limited so I mostly ignore the hit and run snipers that show up here now and then AWA the small talk and political types. Trading for a living (since 1986) means that doing the work necesssary to feed the kids has first call on my time. Best regards, Isopatch

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