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 : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (6186)	12/28/1997 10:17:00 PM
From: David Spruiell	Read Replies (2) \| Respond to of 95453

Article: Japan negotiation with Saudi over oil purchases in the future. Not market moving news, but it does indicate that Japan is looking for oil, even in recession. biz.yahoo.com Personal note: Alabama is in a winter storm, and we hate to be cold. So the futures on natural gas should rise. Best luck David

To: Gottfried who wrote (6186)	12/29/1997 8:10:00 AM
From: KENNETH R SANDERS	Read Replies (1) \| Respond to of 95453

GM>>>>> Whatever happened to the concept of buy-and-hold? <<<<<<AGREE! It has become buy and hold your breath or maybe bye and hold your cash. The market is so volitale that the old axioms get axed.<G>

To: Gottfried who wrote (6186)	12/29/1997 11:07:00 AM
From: NucTrader	Read Replies (1) \| Respond to of 95453

>>>>>>>Off-topic<<<<<<< I'm becoming more long range in my investment perspective than I used to be. I began investing at the market bottom in 1996, and discovered to my chagrin that I was by nature a trader with a short term perspective. I've actually done well [i.e. been lucky], but with quite a few nervous moments. Recently my tendencies have been to not overinvest in any one stock [diversify]; to avoid a portfolio of "high juice" [I used to be 100% tech]; and to and develope a longer range perspective. That being said, the real game, as far as I'm concerned, is TIMING - what ultimately determines your profit/loss is when you buy/sell, regardless of your investment horizon. While I have clipped some profits short, I've also avoided some dramatic downswings which others with a longer term perspective haven't. If a stock goes from $9 to $60 that's a great profit, but not if you believe in the company so much that you forget to sell and ride it back to $12. In the end it's like the Baby Bear's porridge - [probably] best to be neither too long or too short, but "just right". Good Luck in this Market! [I didn't sell EVI since it was up]