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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 (18356)4/7/1998 2:43:00 PM
From: marc chatman  Read Replies (3) of 95453
 
**OT**

Isn't gettin out when the getting is good the same thing as profit taking? (Of course, with the exception of this pig of a sector). I assume the theory behind David's call is that funds are pulling money out to protect profits, not that they are pulling money out to get a rip-roaring 5 or 6% yield.

I assume the market is being moved by the funds, as opposed to the individual investors.

By the way, have I said lately that these stocks suck? The pain is starting to get bad. Another 10% and it will be bad enough to buy.
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