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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (7824)12/10/2000 11:25:11 PM
From: John Trudeau  Respond to of 24905
 
Bearcatbob, good point. That's why timing is critical. There should be a bullish wave in the sector that precedes that final snapping of the whip. The key is to guesstimate when profits are near the top and cash out. Similar to the recent tech rally/collapse, and the collapse of the mining sector in Feb97 (re: precipitated by the the Bre-X fiasco).

The greater the spec makeup of the stock, and sector, the more important this becomes.

I think Q1 2001 will provide us with an opportunity to lock in some pretty good profits. After that, who knows? I do believe the days are $2.50 gas are gone for good.

Regards,

JT