Investing 102

[gearheads78]

Originally Posted by captainofiron

right now Im around -6% in COP,

I keep it only because I have visibility on it with my Dad working on the Eagle Ford.

they are letting go of people, BUT its still not bad, they still have the man-camps going and the cooks out there serving steak and lobster.

Once all that goes, then maybe its time to panic.

I think COP is just trying to ride out the price drops

I'm on a 20+ year time horrizon. COP could drop 50% overnight and I would not loose any sleep at this stage of the game.