Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Big Dog who wrote (25080)	7/2/1998 9:49:00 PM
From: wolfdog2	Read Replies (1) of 95453

Big Dog, I couldn't agree more with your strategy of taking your losses and putting your money into first tier companies. I've been doing just that. As part of that strategy I've been selling stocks in the oil patch that are in sectors which imho will lag such as the land drillers and picking up deep sea companies such as RIG. Keep in mind that quality in terms of the market also means big cap. Small caps are pretty much dead in the water right now. So even if a small cap oil company is the bestest with the mostest, it would be probably be better to chose a large cap. As an interesting exercise today I divided my portfolio into large, mid and small caps. Then I figured the percentage of losing stocks I had in each catagory. Here are the results: Large cap, no loses. Mid Cap, 11% of the stocks were losers. Small Cap 67% of the stocks were losers. The small cap part of the portfolio does, of course, tend to have more speculative stocks in it. Nonetheless, I think the result also reflects the fact that cash flows have been going into medium and large cap stocks and the small cap stocks are for the most part being ignored.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next