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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Thean who wrote (12566)2/23/1998 3:11:00 PM
From: Dwight E. Karlsen  Read Replies (2) of 95453
 
Thean, while you may be right about these stocks being dead money for 6 mos. or more, I'd remind that people were saying the same thing about techs in Dec. What's worse, there were MANY people saying that it looked like it's very possible that "This great Bull" is over, that techs would stay in a prolonged bear market, and threads on SI popped up all over called "trading a bear market", etc. These weren't dead threads either, they received a lot of interested posters/lurkers (including me).

The fact is, WS is very difficult to predict, and so far we haven't heard of the big oils say that they're cutting back on E&P.

DK
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