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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Area51 who wrote (52580)10/7/1999 4:40:00 PM
From: Winkman777  Read Replies (2) of 95453
 
Thanks Area 51. At times like this it is a good to "stand back and look at the long term picture."

Who knows what will happen in the short term, except maybe Gary. :-)

Sliderman: I've also noticed the big laggards RIG, FLC, and the pummeled one HAL. Already own a pile of HAL. Am leaning toward RIG as the more conservative driller play (After a day like this). Then again FLC has all that potential. ??????

All: Rather than feel bad about recent losses, keep your eye on the long term potential in the oil patch. Fellow contrarians: this may be backing up the truck time. I'm envious of those of you who were wise/lucky enough to have a lot of cash here. The thought that I've got the proceeds of a real estate sale coming in soon makes me smile.

BE CONFIDENT AND THINK LONG TERM. Winkman
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