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

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To: Lucretius who wrote (17969)4/3/1998 6:55:00 PM
From: RGinPG  Read Replies (3) of 95453
 
Uhmmmm.... Are you making fun of me? Nothing like kicking a dog while he's down. :>)

Actually, your post gives me a chance to say something I've been thinking about. It seems as though the stocks that have been doing the best, just keep doing the best, and the laggards continue to lag regardless of fundamentals. Examples:
Winners -vs- Not such great winners
NE -vs- FLC
GLBL -vs- FGII
RIG -vs- DO
MDCO -vs CDG
RDC -vs- ESV
PDS -vs- GW
VRC -vs- EVI
CXIPY -vs- everyone

I've seen the strategy in the past on this thread to buy the laggards because they will eventually participate. I'm wondering about the wisdom of this. It may be better to stick with the winners. The fundamentals (which we know can change based on events we may not know about, but the market may know about)are almost as good, if not as good in the winners. So why bother with the others?
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