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


To: snowdog who wrote (95831)1/17/2008 2:26:46 PM
From: JimisJim  Read Replies (1) | Respond to of 206325
 
snowdog: I liked your earlier phrase: "fear of demand destruction will have more impact than actual demand destruction"... or words to that effect.

yes, there will still be cycles within this secular bull in energy... and traders will profit from them if they are nimble, while investors would likely benefit from doing nothing, or adding/entering on the dips -- although I've been also lightening a few positions into strength, but waiting for big correction for big adds -- we may be close to intermediate bottom in OSX here... am watching NOV in particular and will add in low 50s... actually added just a tad of RIG this week -- not enough to bother posting, but just enough to top off the position, which was almost 90% full already.

Jim