Strictly: Drilling and oil-field services Message Board

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

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To: Olaf Koch who started this subject	3/12/2001 3:44:39 PM
From: SliderOnTheBlack	Read Replies (3) of 95453

DOW - 374/NAZ -128 ! ohhhhh the humanity... Someone go over "there" and see if there are any survivors will ya (VBG) ~ it's a plastik meltdown... It's starting to feel like a mutual fund redemption run... I have to admit; this is the first day that seems like capitulation is in the air. Wait untill those quarterly statements are mailed out. The Pressure for Japan to liquidate US Equities & Bonds is tremendous at these levels... tremendous & there is no telling where the downside is - if Japan is forced into a US liquidation. Things could accelerate to the downside & this could get real scary before its all over... Will the Collapse of Japan lead to XAU 100 ? How about some 3,4,5 baggers on the small caps... $5 GLG, $2 KGC etc...yowser~

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