Open Question
Man! I have been getting slaughtered this week! I didn't realize how central
commodities have been in my portfolio until my screen is wading in red. Do you
think energy, commodities will come back anytime soon? I may be wrong, but I
don't think this bounce in financial stocks is a real long term rally yet--and
as stocks in energy, material sectors pull back to attractive prices, I imagine
people will start buying again.
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im with you mac, CHK gettin killed
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youre doing a classic mistake most investors make (ive certainly been there).
youre not focusing on time, and only price. commodities need time to breath,
consolidate gains. why are the same people who didnt want to pick a bottom in
financials trying to do it in commodities?
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I just bought more shares in FSESX - Fidelity Energy Services - have been
building it since 2004. Boy, did RIG get shellacked today or what. Just stepped
in and bought some drillers at a lower price. I got my eyes on the ag sector
now....
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