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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (48224)6/2/2012 7:43:37 PM
From: Mattyice1 Recommendation  Respond to of 79131
 
EK$,

Thanks for your reply, and also pretty good insight that i overlooked

I guess i didnt realize the premium it is trading above book. I always layer into positions, so i guess you can call my first purchase an initial tracking position.

Im kind of intersted in WPX, TLM, CNQ (just bought), COP, CVX... looking for others especially pure play NG.

I'm trying to be disciplined and not pick the bottom (also still realize where we are at with global headwinds hence that i am short several names), but i'm smelling blood and cant help but be greedy when companies are getting kicked in the teeth.

Being a natural gas trader for a living is also interesting prospect for me. I do not let it effect my decision making when it comes to stocks, and i also do not look at it as a hedge against my career, have no bias really. Dont even care what others in the industry have to say to be honest. Majority of the people are selling assets, not buying.... last time i check it would perhaps be wise to do the opposite. Same crowd wisdom different damn day i suppose.

Maybe its not smart of me to think this way, but its how i view things.

*Sorry probably OT*

Being long on fear and short on career risk. :D