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

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To: Bazmataz who wrote (12584)2/23/1998 1:39:00 PM
From: SJS  Read Replies (1) of 95453
 
At least you have the big 4 tech. Congratulations. I have QWST. I hope people here have at least 1, 3 or 4 bagger over the last couple of years (or less). I've owned CSCO! Seen what that did? It's one of the 4 horseman, too.

I have a fairly good balance in my portfolio. Tech got hammered last year, and semi's did to. PRIA went from 60 to mid 20's. We're not alone in this downswing. I saw gains evaporate, and got out with some profit, but not all I could've have. Tech are now back. Oil will be to. Banks are doing well. Hey, at least the index funds are fine!!

This sector carnage could EASILY be on top of the plunging DOW and other index's and then how would we feel? Alot worse. If you've got balance, I am sure you're just fine.

Psychologically, there's alot of bruising here. Indifference after a while. We were shooting fish in a barrel 5 months ago, and now we're not. I just try to think longer term, and possibly see OPEC as seeing some light and getting the quota's back in line for a ST relief "belief".

Regards...
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