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Gold/Mining/Energy : Trico Marine Services (TMAR)

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To: Prophet who wrote (214)3/31/1998 4:47:00 PM
From: Mark  Read Replies (1) of 1153
 
Prophet - Wise words ! I think you may well be right. However, I am
a long term investor and adopt minimal strategies - i.e. I like to
find a place where there seems to be value, and then buy. Hopefully
some time later the stock price is higher, and I will sell. Perhaps
when I have this strategy working really well I will use some more
advanced buy/sell strategies to enhance returns. If I can't get the
basics right, perhaps I should stop investing in the stockmarket !

At the moment I feel the risk reward is attractive. Even if there is
a market correction, I think it is unlikely that these stocks have as
much downside as some of the techs which are on ludicrous PERs. In
fact, a correction could easily re-distribute money in the direction
of the oils.

In the short term we have an earnings season to come, and whilst I
think your timescales may be right for the greatest rate of upward
movement, I'm optimistic that we will see some strengthening in the
next few weeks. I'm happy to be on-board now.

Mark
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