RE: nearing the bottom yet?agree on oil until about mid year, but as a long term investment you can't go wrong. in my opinion the ones to stay away from are manufacturing, financials and real estate.
the trick with both oil and gold right now is that they could break out at anytime depending on geopolitical problems and you would have a tough time getting up the nerve to get back in. break out will take these good jr's with it overnight. hence I stay long on what I like and just ride these fluctuations out. they are always bound to be there and my method doesn't let the fluctuations interfer with my play time.