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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: isopatch who wrote (82917)12/28/2000 2:59:43 PM
From: excardog  Read Replies (2) | Respond to of 95453
 
iso

Will not be trading in January as I am taking the month off. Intend to be 100% invested while I'm away but only in special situation stuff and more on the oil side. Counting on 2 things happening in January first an OPEC cut and second a rate cut. Those fall in place everything should continue on course, they don't then I'm screwed.

No margin what so ever,and of course many of the issues I own are not marginable. I do own some deep in the money calls for May 2001 but that's about as much leverage as I need.

With Decembers run I am now near 90% for the year which I'm very happy with. Two things I did wrong in 2000 were to over trade a bit, and sell too soon on some winners. I intend to attempt to rectify those shortfalls in my behavior in 2001 hopefully. Hope all is well with you and yours. Have a happy New Year.

Scott