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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Lucretius who wrote (20065)4/22/1998 7:47:00 PM
From: marc chatman   of 95453
 
It depends what you mean by blown off. If you look at the charts from last August, when the general market went into a slide, the OSX took about a 10-12% dip of almost 10%. Of course, that led into the 40% run-up in the OSX. In retrospect, it was probably worth riding that one out rather than trying to time the rebound.

My inclination is to let my long term investment in the sector ride. Of course, I could change my tune if I had a better crystal ball.
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