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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: gemsearcher who wrote (3972)7/13/1999 2:39:00 PM
From: teevee  Read Replies (3) of 7235
 
gemsearcher,

South Africa's worsening economy will accelerate it's decent into the brutal tribalism and chaos of its northern neighbors....the "market" appears to be saying that SUF's fortunes will track South Africa's spiraling decent into the abyss.....averaging down is usually not a good strategy, especially when there is an emotional attachment to the stock's "blue sky story" that is mistakenly construed as detached, rational analysis, used as a validation for continueing to hold a long position in a stock that is heading the wrong way....perhaps salvage and preservation of remaining capital tied up in this situation would make more sense:-))

regards and good luck,
teevee
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