To: Think4Yourself who wrote (89306 ) 3/27/2001 11:35:38 AM From: SliderOnTheBlack Read Replies (1) | Respond to of 95453 o/t JQP - why are you "HERE" ? ...JQP; since the chihuahua crowd over at High Tolerance Plasticity; have blocked us from posting, or responding over there - why are you here creating a ruckus ? Aren't you guys "hot" enough without trying to recruit here ? ... what the hell is all this "Hot List" stuff about ? I guess we now know who "really" has the egomanic problem; now don't we ? I hate to surprise you Q; but we care about one thing here & one thing only: MAKING MONEY ~ ... and lots of it. But; I'd be willing to bet that this thread leads in outside "clicks & hits" vs posters fwiw (VBG). Of late; that entailed selling & exiting the Oilpatch; shorting tech & going long gold/silver stocks and the "reality check" chart I posted early; clearly endorses that. Those that remained here - did just that and we not only made money & lots of it; we encouraged others to at least - "NOT LOSE MONEY" ~ Now I acknowledged that we've spoken more about gold/silver and/or shorting tech than Oil of late - but, gold/silver has outperformed oil AND gas by a factor of 6-fold for the last 5 months; so forgive us if we gravitated toward the money... (perhaps its genetic ?). ... also remember that when "some" of us first started discussing E&P's on this thread 2 years ago - the same uproar & protests surfaced. Posters here didn't know CRK from KREM; but things soon changed. Threads evolve - they go where they want to go. Gold is very related to oil; they're both cyclical, they are both key commodities and have more similarities than differences and both offer tremendously profitable contrarian trading opps - as "reality" has recently shown. Those that left this thread initiated all the infantile name calling & sarcastic comments; with the keywords being "they initiated". They could dish it out, but they couldn't take it. Iso & Myself merely continued to state the facts; to back it up with charts & numbers; we continued to post & discuss "MACRO-economic & market direction" thoughts. Unfortunately; being a gloom & doomer and a profit taker was unpopular. Allthough it was very obviously now proven to be correct - it was intolerable in an environment of babbling cheerleaders & pom pom wavers who only wanted to hear good news, just good news and nothing but good news. Well Sorry; but "some" of us view Oil & Gas as a cyclical sector & not growth stocks and we realize that not only can you make big money in both directions; but that having an exit strategy & walking away well before the sharprices totally disconnect from the fundamentals is the key prerequisite for making AND keeping the Big & Easy Money in the Oilpatch. This late in the Oil & Gas cycle is about "exit strategies" and profit taking/exit points and about retaining profits. The Big & Easy Money has allready been made & clearly so. We continue to talk about Oil & Gas on a macro basis- along with entry & exit opps. Recently - we've seen little compelling value; especially given the risk to Crude Price volatility, corrections in Nat Gas; the separation of Oilpatch shareprice movement from their earnings & cash flow fundamentals; as well as their separation from commodity prices. Yes; stocks are cheaper; but cheaper isn't necessarially cheap, nor a compelling value, or opportunity; especially if risk is added to the reward equation. That's another point; the chihuahua crowd doesn't have the word "RISK" in their vocabulary. It along with Profit, selling, shorting , CASH and God forbid - gold, or silver - are near blashphemous... The concept that at mature points in the Oilpatch cycle that the shareprices of the stocks disconnect from the fundamentals is not only news to that crotchety old fool - kollmnh; but evidently to the vast majority on HTP as well... So be it; the results over the last 5 months speak loud & clear. There may be another portfolio weighted re-entry opp here in Oil, or Gas - but, it's not here imo. So during this "no mans land" - low reward/high risk overall environment - please excuse us if we take an occassional moment to lower ourselves to run the riff-raff/chihuahua's off & back under the porch where they belong. We'll get back to macro economic & oil and gas discussion in due time; but given that this is a key transition point in the cycle - to where we either $hit, or get off the pot OSX-wise; there really isn't a lot to do; other than watch the paint dry & wait patiently with mountains of cash for a high reward/low-moderate risk opportuntity to avail itself once again... Patience... I know that's a difficult concept for a Heroin-level trading junkie to fathom; but you're just going to have to deal with it "Q"...and now that you also lost your ass on your biggest margined position SWC - maybe now, just maybe you'll begin to see the light on Gold/Silver ? Nahh; what was I thinking (VBG)... Ciao ~