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

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To: jim_p who wrote (39800)3/5/2005 6:05:19 PM
From: SliderOnTheBlack  Read Replies (7) of 206200
 
jim p..... a voice of reason, reality & experience.

Just right about when many will need it the most.

Very well said.

- Excellent food for thought.

What more can anyone ask for...you can't buy an Oilpatch Analyst Research piece with that honest & experienced perspective anywhere on Wall St right now (whodathunkit ?)...and it's "free" right here on SI courtesty of His Doggedness & the original Master P (vbg).

You touched on something that "should" (and will...when, not if) be getting as much forward thinking (and money) from savy Oilpatch Investors as the Oil Sands are.... "LNG"

Anyone want to be Early to the next major party ?

Think LNG

Congrat's to all who have done so well here.

Just don't forget to pay yourself... often & well !

- because if you don't; the market sure as hell won't...history has shown what always happens in cyclicals...maybe that's why they call them "cyclicals" ?

History...learn it & respect it; or be destined to repeat it.

Not so long ago:

OSX: Oil Service & Drillers

May 2000 - OSX 136
July 2000 - OSX 80
The OSX lost - 42% in less than 8 weeks

May 1998 - OSX 122
Aug 1998 - OSX 47
The OSX lost - 62% in less than 1 Qtr

XNG: Natural Gas E&P

Dec 2000 - XNG 273
Oct 2001 - XNG 166
The XNG lost - 40% in 9 months

March 1998 - XNG 370
Aug 1998 - XNG 208
The XNG lost - 44% in 5 months

HUI: Goldstocks

July 19 2002 - HUI 133
July 29 2002 - HUI 94
The HUI lost - 30% in just 6 trading days

PS:

I guarantee you, that there are EXPONENTIALLY more investors that live in 10,000 Sq Ft Dream Homes...that don't fail to pay themselves "often & well" in Cyclicals; than there are those that were successfull in trying to defy both the mathematical odds & history itself...in trying to buy & hold the next Intel, catch a mystical ride on the next New Paradigm Play Du Jour, or in trying to be the last Bull standing on a cyclical run.

And if you want to wait untill Mr. Market takes you out... review those stats above... because, take you out - he will ~

Usually hard & fast...and he usually does it directly into the peak of sentiment,earnings and commodity price momenteum.

Guar-an-damn-teed ~

With all this focus on Commodities and with Oil & Gas dominating that focus of late....One last reality check:

;)

finance.yahoo.com
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