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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: HAZ who wrote (4211)11/26/1997 5:04:00 PM
From: SofaSpud  Read Replies (1) of 24935
 
HAZ / Market

A couple of weeks ago I spoke to my broker, after I had identified what seemed to be quite a few incredible values. He gave me a rare piece of good advice: "don't get in the way of this market." So far the advice has paid off, because everything I've watched that had anything to do with resources has continued into the tank.

Right now as far as the market is concerned there is nothing any of these companies can do right. Personally I'm getting a bit tired of owning companies that scream value - sure, I have the satisfaction of knowing, but it's a lot more fun if a lot of people join you so you can actually realize some of that value.

Maybe sentiment will turn soon, but I have my doubts.
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