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


To: Art Bechhoefer who wrote (92405)7/17/2001 10:32:41 AM
From: Frank Pembleton  Respond to of 95453
 
Art, so far you haven't said anything I disagree with, seriously, you are bang-on.

BUT: We the people on the Strictly Drilling thread are active managers in our portfolios, so we do take a shorter term view. We enjoy beating the Street.

If the "Long Term" outlook is the only that mattered, then a simple index fund is all one would need, and I could go back to work shoveling snow for a living.

My posts on psychology of the markets was just a contrasting, yet supplemental view of how I see things.

Regards
Frank P.