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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: excardog who wrote (38112)1/4/2005 3:58:25 PM
From: jim_p  Read Replies (3) of 206093
 
I just turned a bear on energy stocks recently

I didn't play this last up cycle because I had 100% of my funds in RRI and felt the upside was much higher than the OSX/XNG. Not a bear, just found something better and as many know I like concentration and risk.

I do agree with many (even including Frank) that this current down cycle will be short lived and I do plan to play the next up cycle in energy stocks.

As we all know, even a short term down cycle can wipe out all of your hard earned profits you earned in this last up cycle.

Jim
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