Down another $100 today. Bleah.
I'd be thinking about investing in energy if it wasn't the "hot" sector that everyone wants to be in right now. That seems to me like a recipe for failure. I mean, Chesapeake Energy (CHK) just keeps going up and up as does EnCana (ECA). They're approaching vertical. Yet I know that they're up enough that there's a good chance that, with my recent luck, they'll tank shortly after I buy in. The time to buy these stocks was a year ago. Or even three months ago. I mean, they can't keep going up forever. Can they?
Posted by kindall at September 21, 2005 01:25 PM