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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (43483)4/29/1999 11:55:00 AM
From: Ahmed Elneweihi  Read Replies (3) of 95453
 
Slider, I believe we are at the start of a major bull market in osx stocks. The proper strategy for a major bull market is to buy and hold. If you do not like to see profits eroding, even temporarily for a few hours/days/weeks, then have a portion as core holding and a portion to trade. As a support to this method, see what happened to FGI yesterday and today. If you took profits before yesterday, you would have missed the big move yesterday. This is typical of a bull market, sudden and sharp moves on the upside come without warnings, technical or otherwise. A gentleman said today that he was happy he sold yesterday because it dropped by a $1 today. But, now it is higher than yesterday's high. Did he buy back what he sold yesterday? Most people usually do not.
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