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

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To: Alias Shrugged who wrote (8392)1/16/1998 10:18:00 AM
From: The Jedi  Read Replies (1) of 95453
 
Thanks Mike, I posted what I felt were the technicals. I have said so myself that this is the sector with the greatest fundamentals, but unfortunately this sector has been under selling pressure and till we see a bottom which takes a long time to form (as evidenced by other sectors) we should be heading south.

I was initially bullish and went long calls some of the stocks back in Oct-Nov and when I lost money I realized that I was going against the technicals.

I think this was a great thread then. There were a lot meaningful posts then. It is unfortunate that when people start loosing money that we see character. I wish all the best to all the people who post on this thread. A thread is only as good as the opposing views presented on it.

Kiri
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