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To: Sharp_End_Of_Drill who wrote (73844)9/19/2000 8:40:12 PM
From: chowder  Read Replies (1) | Respond to of 95453
 
Hi Sharp! No siree, I don't jest when it comes to money. Let me clarify a little though. I'm out of the OSX stocks for now. I still have my E&P's. I think on a risk vs reward basis it was time to sell PDE (up130%), HOFF (up 110%) and my other OSX holdings.

I'm of the opinion that I will have some opportunities between now and election time as well as tax selling season, to load up again.

Why risk decent profits and then have to fight for that same ground again? I'll be back in the OSX but only if it drops from here.

I picked up some techs but I'm just dipping my toes in the water. I'm holding cash and off margin for now. I have one tech stock that is predicted by Deutsche Banc to have a 500% rate of growth in 12 months. Let's assume they're wrong! Let's say I only get 200%. How many 200% are left in the OSX?

I'm not as savvy as some that post here, I have to go after the easy money.

My remaining E&P's are flexible too. Perform or go! There will be lots of opportunities in the investment world over the next month or two. My mind is open, my pocketbook is ready, all I need now is a good risk vs reward scenario for me to follow through.

Some may say I'm leaving the party early but that was my objective when I got into the OSX 18 months ago. I've done better than I thought I could do. In my mind that means I've succeeded.

I'm in the process of establishing new goals and I need a clear head to do that. Planning my future investments on the Farmers Almanac isn't my idea of planning with a clear mind.

It is good to see you over here Sharp. When do you think a play in VRC is prudent?

dabum