Slider, you seem like a sharp guy. But comments like this show more than a touch of arrogance,
>>Most Energy Bulls do not have even an elementary understanding of the China Story...nor it's Boom to Bust risks, or implications.<<
How in the h*ll would you know this about me or anyone else?
As far as energy goes, I'm a long term bull. I was 80% invested in energy and have now dropped back to 60%. If there is a sizable dip I will buy, if not I will participate in the continuing ramp up.
What I painfully learned from the homebuilders is that if the sector is in a long term uptrend, the big money is made on the long side. There will be dips and pull backs and a little money could be made on the short side, but you have to be super nimble, and I'm not. Why go through that aggravation and pain? Go long and lighten up when things seem frothy. Buy the dips!
If you keep saying that the energy sector will pull back, you will be right eventually, but not very often. Good luck to you on your shorting strategy, but if you put as much effort in the long side, you will make MUCH more money.
Mr Ed. |
