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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Frank Pembleton who wrote (4015)11/15/2001 11:50:14 AM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 36161
 
Frank,

Keep on sending that warm weather down here. I can never remember a November like this. The Alberta Clipper must have gone on strike. <ggg>

The oil share holders all seem to be trying to get out the door at the same time, did some one yell "fire". <g>

Joan



To: Frank Pembleton who wrote (4015)11/15/2001 11:53:22 AM
From: isopatch  Read Replies (1) | Respond to of 36161
 
Frank. You seet my Tylenol post for longs last nite?<g>

Message 16660437

FWIW, key IMHO is not to get emotional when you get ambushed in a few positions. Happens to even the best pros I've known.

Mental sell stops are important and I use em. But OTOH, there's no shame in being patient with an excellent LT investment if you have to sit for a few weeks or even months with a moderate paper loss.

It's in no way rationalizing to consider a few good LT holdings as the terrorist insurance that in one night could turn into huge gainer. That's why I'm not going to be entirely out of gold or energy no matter what ST gyrations the market goes through. A plan is a plan. Am comfortable sticking with mine.

Isopatch