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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: ViperChick Secret Agent 006.9 who wrote (18103)4/5/1998 6:23:00 PM
From: marc chatman  Read Replies (1) of 95453
 
At some point, someone will be right about a major correction; it may as well be David.

Hmmm, a roughly 10% correction for the major markets. What do you figure that will do to the OSX? Last August, the drop in the DJIA and the OSX pretty much matched up %-wise; perhaps a slightly larger % decrease for the OSX.

Anyway, bring it on baby. I've got some shorts in place in tech, and I wouldn't mind adding some cheap RIG, NE and perhaps some others just before earnings are reported.
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