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wadegarret

07/09/05 2:42 PM

#15707 RE: Bobwins #15702

Bobwins- about being heavy in one sector

Bobwins, to me, the danger in investing heavily in any one sector is that if you're wrong, you can get hit real hard. Also, as you pointed out, when you tie up your money while waiting for something to happen, you may not have the funds to jump on something else that comes along. Thing is, with the kind of stocks we generally discuss here, you often have to pull the trigger real fast, so it's important to not fall in love with any one stock or sector IMO. Bobwins, if you think about it, we've disussed so many stocks outside the oil and gas arena that have been multi-baggers, I don't see a need to get congested in one sector- especially if you have the ability to analyze potential winners the way you do. IMO anyway- Wade