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


To: GREENLAW4-7 who wrote (123036)8/5/2009 5:35:58 PM
From: Paul Senior  Read Replies (1) | Respond to of 206316
 
I'm not a trader. And I'm old and slow, so not nimble either. lol.

As an example I have OXY since 11/'02. A full position accumulated through '04. For the first time, I'm considering not only reducing but eliminating the position.



To: GREENLAW4-7 who wrote (123036)8/5/2009 7:39:33 PM
From: JimisJim  Respond to of 206316
 
Agree completely.../eom



To: GREENLAW4-7 who wrote (123036)8/6/2009 12:19:08 AM
From: Big Dog  Read Replies (1) | Respond to of 206316
 
OIH dropped 1.17 after hours. Looking/feeling like prices want to come down. I have some OIH August puts slightly profitable. Will trade out on a drop in the morning. And re-establish on a bounce...staying on the bear side in general for time being.

big



To: GREENLAW4-7 who wrote (123036)8/6/2009 5:32:09 PM
From: Paul Senior  Respond to of 206316
 
Gentlemen, thanks for the recent commentary here.

I am continuing to reduce my oil and nat gas stock exposure. Out today, BRY, HLX; selling some TS, PBR, RDSB. To rebalance portfolio at least a little, forcing myself to make first sales this decade of OXY and CVX. :>(

finance.yahoo.com