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

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To: Alias Shrugged who wrote (2784)11/7/1997 1:05:00 PM
From: Judy  Read Replies (2) of 95453
 
Hi, Mike

While OJ was yelling and screaming about the oil drillers last week I was waiting for an intermediate top to form. Two days ago when he was pounding the table about the semi equipmakers I was anticipating a retrace down. Yikes! OJ a contrarian indicator?? The louder he is the more contrary?? Wonder if he'll see this post ...

For now strong rallies in this market should be shorted into for a trade. I posted views of the market on the Idea thread about 2 weeks and half the scenario has played out. Will do another post when time permits after reviewing the trading action for the week.

btw, how are you shorting stocks in IRA accounts?

As for what Patrick thinks of the market, he is decidely bearish. Why don't you introduce yourself and see what words you can pry from the auld guy?
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