To: HH who wrote (10377 ) 2/2/1998 6:26:00 PM From: Lucretius Read Replies (2) | Respond to
I realize that you aren't anti-driller, and it is your privilege to be so even if you are. It is just frustrating to me to read the banter back and forth on this thread every day of those that claim to be pro-L-T funid's continually sellout for a loss or take their 1 point profit and pat themselves on the back. Nobody seems to understand that these stocks will move back up slowly. I don't understand what people are looking for here. Do they really expect all of these stocks to soar back to their old highs and proceed onward. It doesn't work that way. Nor do these stocks wear signs that say "Buy now, there's only upside from here." Only those w/ vision and a more than 1-month term strategy will prevail (just as it was for those who bought in last year.) When I stepped up and added more NE last year at 16, there was no consensus that the drillers were going higher. In fact, most analysts were saying "nah, don't want those" even as they approached their old highs. Well, look who doubled their money even after the recent correction. The same goes recently when I added at 23 and 24.
