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Strategies & Market Trends : The Ego Forum

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To: hubris33 who wrote (11887)3/3/2013 9:55:59 PM
From: ames2 Recommendations   of 12175
 
Sold a couple of jr E&Ps up 40%. Otherwise hanging tough & maybe loony. I'm thinking that even if POG flounders for awhile, these absurdly oversold miners could catch some attn. Have to say, I've been faked out by this slump, since I've been regarding the miners as unloved and oversold since well before. The div E&Ps (PWE and PBKEF) are underwater now but regularly paying about 10%, which makes it easier to wait for recovery. Any number of political/economic developments could change the current picture dramatically, so it's still a tossup who's right at this juncture, saxena or swami.
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