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: SliderOnTheBlack who wrote (27148)	8/5/1998 7:02:00 PM
From: waverider	Read Replies (2) of 95453

How about buying something that is at support, is large cap and has solid fundamentals that the market agrees with including REAL growth, not cyclical swings...instead of continuing your suicidal averaging down again? May I suggest: -Home Depot down from $49 to $40. -Qualcomm down from $71 to $58. -Cisco is pricey, but it appears as if the market will tolerate that. The market told me that it wouldn't correct anymore so I picked up some today myself. I admitted my mistake in thinking the stock was overpriced and accepted the fact that the market disagrees with me. Go with winners, not losers based on pipe dreams of some hoped for future event. Instead of waiting a year or more for oil to turn around, why not make some money elsewhere? NE has corrected to the point I suggested the last time you flamed me a few days ago...$15-$16 with NO end in sight now. New lows again everywhere. Hello? Hello? <H>

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