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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Post_Patrol who wrote (89031)3/21/2001 4:52:59 PM
From: Jane4IceCream  Read Replies (1) of 95453
 
You said...."Dont remember the PTEN trade" in post #89028. I clearly remember the PTEN thread because you went short and I went long at the same time and you told me to watch how a pro does it. And now you "remember" that you went long and actually had alittle profit. You better check the logs with the other members!!

Techs may be oversold but oversold compared to what? CSCO still has a PE of 47 and when you adjust for downward revisions for CSCO and many other techs it is still overvalued relatively speak.

Yeah, IF I had a years timeframe I reckon I would be buing selective techs here too but my timeframe is day to day. So I give you that if that is what you meant.

Hey, I think you need to read Slider more carefully. He may write too much, toot his own whistle too much, have a thing for chihuaha's and pom-poms but his reasoning makes alot of sense and he has been more accurate than anybody else who has had the balls to step up to the mound and speak their mind.

I like you guys. Great contra indicators.

:-)

Jane

PS...I out trade my dad.
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