picking the bottom for nwe, page-9

82 mate - you've not lost here - you learned a lesson that many will never want to acknowledge but it's truly the only way to make money in this end of the market.

Never buy into the hype.

Never ever ever.

Set your targets - 10% here - 20% there - lock it in, and walk away.

I'd rather be a trader with a 30% profit than a "long" sitting on a 50% loss.....

Just stick to your plan and you'll always come ahead.

My error here was thinking Halliburton was leading directly to production when their frac program was over...or within 6 months...obviously I was wrong...LOL