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First off, i can't make a decision for you, you have to do that. But i can tell you why i am staying put with NE: 1) i keep seeing them used in the same sentence with DO RIG and RON with analysts', and 2) the downside potential is nowhere near the upside potential - i ask myself, how much lower can it go versus how much higher can it go ? The only issue is, to buy in now is to tie up long-term cash, when there are other quick profits to be made elsewhere. I don't expect the price of NE to be a whole lot different in a month from now than it is today, but that can change quickly. If you are a person that checks your portfolio every day, and get squimish, an Oil is not the place for you right now. It also depends on how much you have to invest, buy a little now, a little in a month, and so on. But if you do buy into ANY oil, don't put all your egss into it at the same time with the same company........ BWDIK ?? |
