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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: jim_p who wrote (38990)2/17/2005 7:35:48 AM
From: GREENLAW4-7  Read Replies (2) of 206319
 
JP, Inventories 10% higher then last year, Earnings still lower then peak of last BULL CYCLE, but index and stocks continue to act parabolic. What am I missing???

OSX always has substantial correction after 10-15% move we are now up from 115-140 with ZERO, and I repeat, ZERO pull back.

RIG, I listened to the CC, and after it I knew that stock was over priced at 35-40, we are now at 48. RIG still has numerous RIGS not employed but analyst continue to think it should be trading at 50-60? What in the world are these fools talking about?

Its like all the newbees trying to catch the next best thing, but I truely cannot and could not 6 weeks ago justify the current prices of so many OSX stocks.

That being said, we are we heading for 160 OSX??

Thanks for any reply
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