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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: chowder who wrote (45731)7/13/2005 12:18:54 PM
From: t4texas  Read Replies (2) of 206338
 
don hays has been writing about and saying the $20 or more speculation in oil for more than a year now. it is also interesting that hays' portfolio model has forecasted His model portfolio model should be 16 to 20% in energy for over a year also. HOWEVER hays has owned ZERO energy stocks in his actual portfolio during the entire runup in energy stocks the past year or two. his reasoning is that he is very afraid of energy stocks and finds them too unpredictable for his investments. he thinks since he did not see/believe the energy move long ago, he thinks as soon as he buys some they will go down. as long as he has waited he might be right now. i read hays' stuff, but i paid attention to his actual recommended portfolio weightings and not what he wrote and said emotionally about energy.
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