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

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To: dfloydr who wrote (52679)10/8/1999 1:44:00 PM
From: William JH  Read Replies (1) of 95453
 
I am of the opinion that stock prices fluctuate wildly for three reasons:

1) Creates a lot of activity for Wall Street (profits)
2) ST traders get to pay lots of taxes
3) It affords us all many opportunities to make mistakes.

JMHO. Businesses aren't worth $1B one day, and half that two or three months later.
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