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scruff1 - Wed, 20 Dec 06 :

Will admit to one thing though - all this talk of capitulation is highly premature. There was a lot of support at around 60p today.(buys and sells roughly even - not been thus far in last few days) They have alot more going for them than many oilies at this price. Mass panic took hold today. Read it on this bb. 'Should I sell or should I hold?' Bit pathetic to be asking people you never met how you move your own money - Jesus why get involved if you have no powers of decision making (and have to ask on bb's) a large part of this game. I don't have a lot but down enough (bought at 93 - thought that would have been around the bottom -ha). Anyway prepared to sit it out. Not a happy bunny but I reckon(hope) we are near the bottom now. If I hadn't bought in before I would certainly BE READY to now. One whiff of positive and bang -I'm averaging down. Hate losing and hate taking hits. May have to but we will see.


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