texas tea, page-8

Thanks for the comparisons, RichE. A few points:

1. ORG is really both energy and utility, so not surprising its variance is the least of the group. I bought some ORG not long ago for that reason, and so far seems to have minimal downdraft. Couldn't be much different from TXN.

2. AZZ has a share buyback program in place, so its downswing may be subdued by the buyback. In fact, it stayed above 40 cents until today or late last week. (Yeah, I own a bit of that one, too.)

3. Consider oilers elsewhere in the world (e.g. NEN in Calif/Vietnam; HZN in NZ/China/PNG) and you get the idea that a diversified portfolio WITHIN energy is necessary (not necessarily these examples). There really is a lot of bouncing around with these stocks due to their stages of development and possibly locational factors. And sometimes you might just get a multi bagger out of one of them.