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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Wyätt Gwyön who wrote (60871)2/28/2006 10:40:13 AM
From: CommanderCricket  Read Replies (1) of 206326
 
I'm no longer as concerned about missing a top than protecting capital.

Was it painfull to only book half of the gains in energy during the January run? Sure it was but in hindsite, I made the correct decision sitting on 50% cash.

I'll be here to play in the sandbox for awhile longer because of it. Looking at the carnage over the last 10 trading days is easier with cash than a full position.

I'm fairly confident whatever gains gave up in Janaury will be recovered when this selling is over.

CC
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