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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: GREENLAW4-7 who wrote (72599)9/7/2000 4:10:40 PM
From: ItsAllCyclical  Read Replies (1) of 95453
 
Greenlaw, part of the reason you're so unpopular is the manner in which you try to make your position. You keep screaming SELL, SELL, SELL. Conversely I don't like people who scream BUY, BUY, BUY either. You're putting yourself in the spam category by using those tactics. You wouldn't be screaming SELL so loudly unless you were already underwater or overextended imho.

I can agree that the OSX looks overextended, but the fundamentals are VERY compelling. There will be plenty of time to short the OSX (after the XOI has made solid new highs and shows signs of retreating). Correction near term, quite possibly...the end? Hell no.

You talk about an immenent correction, but most of the people here don't own the OSX stocks you've shorted. I know very few here who boast about HAL, BHI, SLB these day.

Most of us are in the laggards so your "dire" predictions fall on deaf ears.

Will I be selling PGO and KEG after they've consolidated sideways for more than 6 months? Will I sell MDR or FGH near 52 week lows? I don't think so. The OSX can correct for all I care.

I tend to agree with BigBull about the products situation though. There is speculation in the crude markets, but we're SCREWED if we get just a normal winter.
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