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

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To: Crimson Ghost who wrote (56434)12/8/1999 12:19:00 PM
From: ItsAllCyclical  Read Replies (1) of 95453
 
George, I agree today's action is a bit different. Many including myself were expecting the selling to be worse. I expected gas prices to lose .10+...didn't happen. Crude is down, but still above $25. Any sort of an afternoon or mid day rally would be very positive.

We're ignoring good news, but maybe we'll also start to ignore the bad...

The next week is very critical. I trimmed so I'm no longer on margin, but staying fully vested here.

I love VPI and it looks cheap, but it's just started to break 10. If this selloff continues I think there could be more downside in VPI than OEI, BR and NBL.
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