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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Thean who wrote (10369)2/2/1998 4:36:00 PM
From: MoneyPenny  Read Replies (1) of 95453
 
It's hard to be the wallflower at the dance. I looked this a.m. and saw how the day was going to go and therefore spent most of my day doing other research, anything but the market. It's hard to watch GLM,GW,and FSESX going down in the face of market euphoria. PXD continues to disappoint as well but I expected that when I went in.

I've always heard it's not the individual stocks you own but the sector or asset allocation that gives the porfolio it's steam. We are certainly learning this first hand. I have been in the favorable sectors for the past 3 years and I'm not pleased about holding onto this out-of-favor one right now. Still thinking it will reverse and come back in the spring, like last year.
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