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


To: Stormin Norman who wrote (20065)10/10/2002 11:24:48 AM
From: isopatch  Read Replies (1) | Respond to of 36161
 
Norm. Great photo.

Way too early to call a turn in the energy cycle.

Good tradable rally, now and then, is about all we can reasonably expect. Have to be patient and wait for those. They come when they come. All I try to do with those is get in early AFTER a confirmed bottom is in.

Trying to jump the gun on rallies in a nasty whip saw market like this big bear has proven VERY expensive for advocates of that kind of "knife catching", and their followers, on certain other energy threads.<g>

Isopatch