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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: isopatch who wrote (81281)12/11/2000 10:43:26 AM
From: Think4Yourself  Read Replies (3) of 95453
 
What I find fascinating is that even though industry is dumping their stocks and shutting down plants, stocks are STILL dropping rapidly. This is a real crisis, not just a speculative bubble. Despite the media (and CA government) attempts to talk away the problems the stocks continue to drop. We were approaching more "normal" stock levels a few weeks ago but I predict that by the end of the year the media will be trumpeting a NG crisis as if they just discovered it. Spin should be interesting if Bush wins. I have so far reserved judgement about the media bias. That may change depending on how they handle this. If they try in any way to blame it on Bush I will become an active ultra conservative.
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