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Gold/Mining/Energy : American International Petroleum Corp

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To: Sycamore who wrote (5173)11/20/1997 9:18:00 PM
From: qdog  Read Replies (2) of 11888
 
Did I predict a collapse? Did I make some money on the downside? Doom and gloom is in the eye of the beholder. Are the troubles in Asia and South American over? Don't think that those two will have an impact on certain companies earnings in the future as far as the US market is concern?

That's for you to decide. Frankly, IMO the troubles in Asia aren't over. As to how it affects the US markets in the next year, there is some reason to suggest that it will have an affect. Did I buy the next day after the +500 down day. Yep. Did I cash in on those shares, some. Did I buy put's after that 300 pt rally? You betcha and sold them for a profit. Am I impressd by the rally of the past few days, not really. I made money in some of my investments, some haven't faired as well.

Do I have a predicition for tomorrow? Only one, we'll all be a day older.

As to AIPN; well the more intelligent have been telling us that anyday (for the last month) the agreement will be signed. Friday is the NEW day for that occurance. I guess they aren't any good at predicting the future than you or I. Will it happen? Gee, I've own this company's stock since '92........................
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