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

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To: SliderOnTheBlack who wrote (48760)8/3/1999 3:57:00 PM
From: Crimson Ghost  Read Replies (1) of 95453
 
Slider:

I too have sold most of OSX holdings. Think I can buy them back this fall 10-15% cheaper as the Dow moves below 10,000 and the oil rally stalls.

But I have put a lot of money into gold funds of late. And the yellow dog is starting to kick up his heels a little. Bearish sentiment on gold is greater and much longer lived than sentiment on oil near the bottom. Many payers truly believe gold will never again rally in a meaningful way.
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