Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Bazmataz who wrote (12591)	2/23/1998 2:29:00 PM
From: HH	Read Replies (2) of 95453

Interesting post. I too have done substantially better trading 3- 4 month horizon. But, I realize that it is not necessarily my prowess or skill. During the last six months, we have had a lot of choppiness and volatility. My trading thesis during this time has been (as simple as it sounds) If I am initially wrong just wait and I'll be right, then I'll be wrong awhile and then right. So, get a position and sweat it out until you get the flow in your direction. I doubt this style will be good anymore. I happen to believe as Paul Levy that this sector is good value. I also think Thean is right that these stocks arent going anywhere real soon. So, I will start to accumulate GLM if it goes back to 20 or below. HH

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