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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Dr. D who wrote (8393)1/16/1998 1:06:00 PM
From: Tulvio Durand  Read Replies (2) of 95453
 
Dr. D, you said: This can be dangerous to people who do not understand (including myself many times) and trade on these guys comments. Posts on this thread, as in other threads, span the great to the rediculous. One must be careful to sort them out correctly, and to do so takes a lot of independent research and a lot of work in general. But to "trade on these guys' comments" is certainly dangerous and ill advised. Some posters here are real experts, some pretend to be experts but are not, some are traders, some are investors. You have to develop a sense for the validity of their opinion and the coloring of the opinion based on their trading/investing acumen, philosophy and track records. I often use the group prognosis as a contrarian indicator. When all agree that the sector is heading South, like was the case yesterday, then chances are good that the sector is about to turn North as is happening today. Tulvio
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