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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (42950)1/11/1999 5:21:00 PM
From: epicure  Read Replies (1) of 132070
 
MB- a quick question. I read a post on one of the driller threads that suggested selling the big service co's that had run quite a bit and buying, with the proceeds, little service companies that had not run as much on the theory that all boats would rise eventually. Given that Hal- for example- has taken out its December high I really am not sure I should sell it. I have added smaller service companies along the way- but am afraid to trade these stocks as they are SUCH a value right now, and any conflagration in the Mideast could really move them. How do you trade the oil stocks (if you trade them?) I am tempted to just hold them for a year. Is this sheer INSANITY?
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