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

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To: SliderOnTheBlack who wrote (56562)12/9/1999 12:04:00 PM
From: Razorbak  Read Replies (2) of 95453
 
BHI

Slider: I understand your logic, but the market is seldom rational at times like these, and when ambulance-chasing, class action attorneys start piling on, lots of people dump just because of the lingering uncertainty.

If your confidence is rock solid that this situation is contained (e.g., like mine is about McDermott's asbestos concerns), then it's probably a prudent long term play. Nevertheless, it may make an "investor" out of you. <g>

Good luck on this one. I have no position, either long or short, and I'd honestly like to see you make a killing on your trade.

Razor
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