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

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To: The Perfect Hedge who wrote (3689)11/24/1997 6:10:00 PM
From: SJS  Read Replies (2) of 95453
 
Glen,

Hate to ever poo-poo good news, but when CNBC says Fidelity is selling and a guy from Orbitex is buying, I start thinking...Who's Orbitex and why is what they do or say important as compared with Fidelity. Fidelity may not be right, but either is the elephant when you get trampled.

Larry Wachtel is also someone who's known so his comments are more credible.

Thanks for the info anyway. Clearly, I am not shooting the messenger, but I think CBNC might be looking to ANYONE to re-iterate oil's positive side. Morgan and Pru last week couldn't stem the tide...or so it would seem.
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