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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Ditchdigger who wrote (26938)	11/7/2003 7:46:52 AM
From: GREENLAW4-7	Read Replies (1) of 206087

Anyone else agree Fundamentals are not catching upto OSX current price? I would love to hear an argument why this is a great time to buy OSX, even on the face of what I see as clear OVERVALUATION in the sector. Based on current earnings and outlook OSX should be at 60-70 area not 82-90 area. I am still hoping to get a nice correction on these stocks so I can buy for the next leg up, but I think we are very overvalued currently. Regarding land drillers, they may have had their best days behind them. NG must break 4 to the downside before I get bullish agian on this sector. I also would like to see Crude in the 24-26 area.

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