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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: DataBits who wrote (92563)7/19/2001 8:49:04 AM
From: chowder  Read Replies (1) of 95453
 
Data Bits, >> High potential for a bloody market next week. <<

I certainly hope so. I prefer short term trades in a bear market and bloody creates good opportunities.

Speaking of opportunities, short PENG today. Should be easy money. Good short term short.

PENG has always sold for a premium due to a very controlled and consistent growth. Last Q that trend stopped. Growth was a negative 3%, and the stock is selling for over 8X last years cash flow.

dabum
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