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Gold/Mining/Energy : Big Dog's Boom Boom Room

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From: GREENLAW4-76/6/2009 6:42:45 AM
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One last rant, after the Oil surge in the late 70's there was a massive over build in the GOM. These stocks were monsters in late 70's to early 80's. Look at the chart from 1981 to the 1998 area they flatlined and in the case of ESV it was below 10 from 82 to 97. ( was $60 in 19981)

That type of slow down in the GOM is what I foresee.

Good luck
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