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Gold/Mining/Energy : PETD Petroleum Developmant-- Oil / Natural gas -- Ignore unavailable to you. Want to Upgrade?

To: Ed Ajootian who wrote (664)	9/15/1999 10:03:00 PM
From: Mark	Read Replies (1) \| Respond to of 688

Ed - Something has puzzled me as we have debated the relative merits of various O&G (and related) stocks. You are obviously a bright guy, and know a lot about this industry. However, it strikes me that you are too impatient(!) Is your strategy based on short-ish timescales (e.g. several weeks or a few months)? And, if so, do you make reasonable returns from your approach? I only ask because I am doing moderately well out of the same stocks (hoping to achieve around 100% this year) but much of my gains arise because I am taking a longer term perspective..... If you are doing dramatically better then I'd like to learn about it. However, if you are not doing so well then might it be because of impatience? Just curious. Mark