Is it too late to sell ?

(Message is as I posted on Yahoo WGR board for a lot of O&G folks. They loive their sector even though it has taken a beating.)

The real question is- who is the seller and what do they have to sell. Thus it's similar to giving an answer to an undefined situation or a lot of something about nothing definitive. The consensus or typical response might be IT'S TOO LATE to sell ! My take might be to stay with old fashion fundamentals that you can live with or you get what you paid for. Or simply each to their own. YES, you can get many answers. But I have no meaningful answer. There is no meaningful consensus or not much typical or average in the market nor is there an average investor. CHK or COP (O&G favorites) might be great for some but less much less likely to be great for a short termer or a poor antsy investor. So rather than suggesting something specific or beneficial to someone you don't understand and a market that I don't understand- it's best for me to say nothing. Butfor myself it is tooo late to sell as in my case my aggressive portfolio is down less than 10%. My portfolio is relatively few stocks and can be determined from my previous blogs.