RE:RE:RE:RE:RE:RE:Topped up today Oh Ferret, you are such a fur ball, only giving us half the story. Ya, Eric "I'm Not a Teenager" Nutall did say he was embarrassed but followed that up with exactly what I said earlier. Here's the last part of the interview that you conveniently left out (from the Globe and Mail). And STOP LICKING YOURSELF. You won't have any fur left down there if you continue doing that.
https://www.theglobeandmail.com/
How has your investing style changed in this market?
As the stocks rally, I typically sell into strength and deploy cash on weakness. It will be different this year. I’m terrified of missing the turn. I think it will be violent to the upside and occur in a very compressed time frame. There could be more downside, but if I’m correct in my call on the commodity, I’m willing to suffer through the remaining downside and be patient to benefit from the much greater upside.
Are you short any stocks?
Not today. I was short some land drillers earlier this month and made some money. Given how far things have fallen, I don’t feel compelled to be either short or to have cash. I want to be fully invested, to be as exposed as possible when the turn occurs, with the admission that I could be early by another month or two.
What’s your advice to average investors?
The biggest risk today isn’t being invested in energy stocks. It’s not being invested in energy stocks. Given the magnitude of how far many of these stocks have fallen, I don’t know if there will necessarily be the magical pullback people need to buy. That means if they aren’t already in before the lows, they could miss the run. I’ve seen that many times and have been guilty of that myself with stocks.