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

To: Denice who wrote (34696)	1/10/1999 9:50:00 PM
From: articwarrior	Read Replies (1) \| Respond to of 95453

"I am just trying to decide whether to sell into strength and Buy into weakness. I have several oil stocks but am afraid if I sell these, the market will take off with out me." If you have the time to watch your oil stocks, set up mental stops at which you would sell. I recommend no more than a point for 13 and under stocks and no more than 2 for > 13. If you do not have the time to sit and watch then set up stop sell orders at the above Levels. If the oil sector is on the rise watch at the end of each day and adjust your stops upward. That way you lose no more than intended and you can buy the stocks back when they finish their dips or if the dip is real short wait for the next dip to buy in. If you try to time the market without a stop safety net you are asking to give up money. Trade Well Denice and may the Patch always slide upwards.