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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: SliderOnTheBlack who wrote (87326)2/16/2001 1:25:01 AM
From: The Ox  Read Replies (1) of 95453
 
Slider went max margin in March 99:
siliconinvestor.com
siliconinvestor.com
siliconinvestor.com
siliconinvestor.com
and a few others.... while at the time I cautioned that one shouldn't just throw money at the sector, one should carefully choose which companies to invest in. and let's remember that I was already invested in the sector and suggested that folks start dipping their toes in the water back in Dec 98....but why should we discuss facts when it's easier to just make things up as we go, right slider? Of course, there wasn't any risk back then! Just go max margin! Peddle to the metal!! GO slider GO!

To:SliderOnTheBlack who wrote (38860)
From: Michael Happel Thursday, Mar 4, 1999 10:28 AM
View Replies (3) | Respond to of 87314

This post of yours is boring Slider...

...I also don't believe that this sector is a no-brainer, just throw money at the stocks and you will be rich soon.

...There are so many variables that make up the Oil Services industry that I believe reality tells me to be very cautious at this time......"

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We'll Michael - going "max margin" back in March '99 when "max margining" was a high reward/low-moderate risk opportunity - or as you call it -
"throwing money" at these stocks; OBVIOUSLY wasn't the time to be cautious as you warned; and OBVIOUSLY it didn't take "five years" for the
tide to turn - just literally a few hours from your post on March 4th 1999 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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