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Strategies & Market Trends : Guidance and Visibility
AAPL 247.97-0.2%Jan 23 9:30 AM EST

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To: hotlinktuna who wrote (177033)8/15/2008 4:18:01 PM
From: lexi2004  Read Replies (2) of 208838
 
Tuna,

I understand. They're hitting the majority of energy stocks whether they have good earnings or not. As you probably know, Dale Baker is a believer in GTE and has commented several times that it doesn't make sense with it being so low. So, anyone who believes/invests in energy is in the same fix it seems. You know things always seem to get worse before they turn. There is a potential hurricane that could go into the GOM and that would turn energy prices around. In addition, I hear people talk that now is a good time to buy energy companies due to the being so oversold.

Know you studied CNEH before you bought, so keep the faith and trade other things to get your focus off it. I had to do that with BQI and I truly feel better about it. I reduced my position so it wouldn't take all my focus and started buying things in other sectors to trade. Don't let this ruin your weekend. I wouldn't be surprised if CNEH gets an upgrade or two next week. Those financials were great!

Lexi
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