SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (54494)11/11/1999 4:26:00 PM
From: Think4Yourself  Read Replies (1) | Respond to of 95453
 
That's true George, but these incredible volatility periods are where the big money can be made quickly (buying or shorting). A one quarter hiccup, and the stock gets a 26% haircut? They are in no danger of bankruptcy. They're not even hurting for work.

suspect we will be back in the mid teens in a few weeks. I might not make money this time because I jumped the gun.



To: Crimson Ghost who wrote (54494)11/11/1999 4:26:00 PM
From: articwarrior  Respond to of 95453
 
Yes George Diversified risk produces a safer return long term. Those of us who assume the greater portion of risk might not sleep as well as you but when we hit that home run(20% plus short term swings) we party a lot harder!

Today I party hard!

If I were to get into a sector fund it would not be oil it would be the tech sector funds...These will offer enourmous returns compared to the oil sector my friend and justify the diversified risk status of a sector fund.

Arcticwarrior