Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: manalagi who wrote (71871)	9/25/2006 11:26:58 AM
From: CommanderCricket	Read Replies (4) \| Respond to of 206316

Does the concept of LTBH outdated? You know, good question. After totally screwing up last January by trading out and going to cash, then scrambling back in and riding through to til May, I mostly committed to ride out the shoulders going forward. Took some profits in May but tagged this spring as the typical shoulder. Going forward the plan was buy quality and hold a significant long positions and not get cute - Opposite of previous years. So I'm now watching SU and CNQ get pounded far more than ever expected. Fully bought into the Coxe arguement of holding reserves in safe countries. Never again will I play the LTBH game in energy. It made alot of sense a few years ago but not now. Back to holding core positions and trading 1/3 to 1/2 of it seasonally. What was I thinking? On the next go around, I WILL HAVE MORE CASH - Repeat while banging head against computer monitor. CC