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Gold/Mining/Energy : Global Santa Fe (GSF) (formerly Global Marine)

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To: gizelle otero who wrote (1234)2/22/1999 7:48:00 PM
From: IN_GOD_I_TRUST  Read Replies (1) of 2282
 
Giz,

I'm doubling up on GLM tomorrow.

Yes, I think this sector can, and will go down a little more from here! But I think the upside, somewhere down the road, will make today's price make us laugh. To think we have bought at 7 3/4 and now we are at ____! Why didn't we by more????

And to risk a quick turnaround and continue the wait, might not be worth it. I mean what more downside could there be, 2-3 dollars. But the upside, oh the upside.......

My opinion will be when the turnaround comes, it will come quickly and suprisingly. I mean that's how the big boys on WS like to make there money. Get in low and enjoy the fast turnaround!

Good luck to all us sector longs!!!

Steve
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