DLS 0.00% 69.0¢ drillsearch energy limited

Ann: S&P DJ Indices Announces December Quarterly Rebalance, page-12

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  1. 11,185 Posts.
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    Take it easy Barneyw. I'm now underwater on a good portion of my DLS holdings (although I'm not worried too much about it). I only bought back the 30% I sold as a hedge against the oil price making a double bottom (or worse).

    I'd say many of us are in the same boat now and will need plenty of patience if we are intending on holding. If the oil companies in the US do start blowing up next year that is probably going to damage sentiment towards energy even further and we will need to survive that event as well.

    These things never play out in a predictable smooth way from my experience.

    Good luck to you.

    Eshmun
 
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