Big: Are you actively trading N or BA. Me, I put lots in OIL SERVICE.
When you got an industry that is down, like banks and oil service, one has to look at the investment opportunities and ask some questions. What about the potential? What about upside movement? What is the risk?
Well as we know, the banking industry cycles, long term it will always go up. Chase Manhattan, First Union, City Corp. etc are not going BK. Even though C has muddied up it's business. Oil Service, now, at an all time low GLM was at 8 13/16 yesterday, the only place to go is up. Everytime Araq caughs or the Arabs meet, the stock is good for a 3 point gain over 3 days. Heck you can buy lots of shares at 8, make lots of bucks with very little risk. It's like buying N at 15-18.
Thanks for the vote of agreement, I expected to be jumped all over.<VBG>
Hows Archie?
Al |
