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Non-Tech : Invest / LTD
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To: bw who wrote (1216)7/20/1998 3:55:00 PM
From: Thean  Read Replies (2) of 14427
 
bw, do keep in mind that this strategy that you have decided on works well on a choppy market with no clear trend. Once a clear trend is established and mo-mo comes along, you will want to ride with them. That's when wealth is made. Right now the strategy here is to not lose the wealth you have made.

Some ex-Saudi oil consultant came out to say oil price will never recover in 1998 regardless of the OPEC cut - that really spooked the oil market today. Bloomberg has the story.
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