RE:Anyone Concerned?AlanMarshall wrote:
I would have thought we would have started to reverse this downtrend by now. I have been looking at this other stock but dont know if I should just hold this instead. Thoughts?
I was too heavy in the last few years on oil and paid the price for that - I lost in a huge bull market - now I am more diversified, kind of, but I think the downside on this is pretty minimal unless oil nose dives and the upside is pretty strong - - very likely a 50% upward move and maybe a double or mor
buying some other stocks looks good now as well especially with the dip, but having a positon in oil as well is good if you can do both - some of the chineese stocks have been beat down if you have patience and can wait - companies like BABA, etc.