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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Art Bechhoefer who wrote (93517)8/11/2001 5:35:14 PM
From: Crimson Ghost  Read Replies (1) of 95453
 
I know of NOBODY on or off Wall Street who has matched Slider's ability to call the oil and natural gas cycles. He and those on this thread who followed him were loading the ship with OSX stocks when it was trading under 50 and many in the financial community (including some oil analysts) were predicting that crude would remain depressed for years. E&P stocks as well.

And we were dumping the stocks when crude reached $35 and Wall Street got wildly optimistic (at least in public). You can understand why we do not have too much confidence in the public forecasts of the financial community. Especially when we know that they often are designed to get the suckers to sell near the trough and buy near the top.
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