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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: Goldberry who wrote (4799)3/7/1998 8:48:00 PM
From: Scott Mc  Read Replies (2) | Respond to of 24921
 
Graham, predicting this summer based on experience :) . I guess what I meant was that traditionally Oils are very weak from March-Oct, and I know a few folks who buy in Oct-Sell in Feb and do quite well. My question I guess was that should we be selling now since the weather has been so warm. Is it too late to sell and buy back in Oct...
Scott

Seriously I have a friend who every year in Sept/Oct would buy an oil stock and sell it in Feb, the cap gain would cover a nice vacation in the south.. Works about 6 out of 7 yrs..