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

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To: SliderOnTheBlack who wrote (56174)12/6/1999 2:29:00 PM
From: Jon Cave  Read Replies (1) of 95453
 
"Buy OEI"

I have been buying. Going broke <g>. Damn, I think I'll get me a T-shirt saying "Come lose your money in the energy market".

These gas stocks are acting like dot com stocks. The only difference is the dot com stocks are going up and the NG stocks are crashing big time.

BR has got to be a buy at 31. It it aint', I'll never buy another stock again. Heck, I am starting to think these NG stocks might set new lows with 2.20 gas.

Shezzz, I would hate to find out what would have happened today if the price of oil was down.

Wanted to buy puts on dot com stocks. Heck, a April 340 put on QCOM now at 400 costs 40. What a rip off. QCOM would have to drop to 300 just to break even on the put by April.
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