SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SliderOnTheBlack who wrote (85396)1/26/2001 9:41:06 AM
From: Think4Yourself  Read Replies (3) of 95453
 
If one believes, as I do, that the market looks six months out then the market has seen the lows. Just looking at what the NAZ did the last 6 months suggests the market IS forward looking. I am betting that the worst is over for MOST of the companies as far as stock prices go. A stock picker such as yourself could easily find ways to capitalize on some of the overpriced stocks still out there. Yes that WAS a sincere compliment (maybe I should see a doctor!).

PMCS DID catch most people offguard but ERICY was no surprise. I am hoping to do some select buying on the weakness today as this is a key sector going forward IMHO. It probably hasn't bottomed yet so not jumping in with both feet.

CNBC reported this morning that cash continue to pour into the sidelines, and not from exiting the market.

Bottom line is that the next few months will be great for traders, and also great for buy-and-hold persons who do decent research and who don't need the money for a year. The folks who don't know how to do either will do better by staying out of the market.

Can't say I see gold as a good investment if there is a semiconductor slowdown, and we are currently in the down side of the cycle. Chipmaking is one of the very few industries that consumes gold. Maybe if we have a depression...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News