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Non-Tech : NIFTY NINE IN NINETY NINE PLUS ONE
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To: Harold V who wrote (492)4/19/1999 2:35:00 PM
From: Mike McFarland   of 613
 
Well...since you asked;-)
I thought I had a nice 'system' figured out
on this one. I would trade in and out of an
energy fund once or twice a year, just to
capture about 20%...and then I'd be in cash
the rest of the time. However, after the
Economist's awash-in-oil issue, about two
months ago I think, I turned off my mental
energy-watch program, and figured I would
just tune back in during the summer. Whoops!

Missed the whole freakin run--even as I watched
the price for gasoline go from 89 cents to $1.35
in my neighborhood, I stood frozen, and never
captured any of the run. I think it is late in
the game now...but I could be wrong;-)
I certainly don't have any individual picks,
and after energy slumped right through this
last winter, I'm out of phase with the correct
seaonality. Really don't know what to think now.
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