Strictly: Drilling and oil-field services Message Board

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

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To: Crimson Ghost who wrote (56036)	12/4/1999 11:35:00 AM
From: JHR	Read Replies (1) of 95453

Right on George. Nobody believes price can hold. Point is though, everybody makes a lot of money at $20. I, like you, do a lot of my investing in these stocks via FSESx. Whats worrisome is since this sector hasn't followed oil up since it broke $20, when it retreats to $20, the sector will probably lead the way down. Keeping my finger on the trigger. Like our old friend Thean recently said I don't want to be in but can't talk myself out of being out at this time. If the techs crash they will take everything down. This sector may recover quicker. This bubble has to burst. I live in Austin and the economy here is wild. Houses sell in 2 days for list or better. Expensive cars selling like crazy. Its got to be stock market money. I'm in cash on everything except my trading account. Keep up the informative posts.

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