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

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To: The Perfect Hedge who wrote (19734)4/20/1998 5:26:00 PM
From: Lucretius  Read Replies (3) of 95453
 
Beebs did EVI teach you nothing? Learn from your mistakes or you are doomed to repeat them. stmts like this make me want to sell everything and move into gold bullion:

<<<Remember boys,the trend is your friend.I don't want to believe it either but this market isn't trading based on fundamentals anymore.PE ratio's are not considered.Gotta go with momentun now.>>>

I honestly can't believe you are saying this after your experience in this sector? This really surprises me. I think you've been hanging out on that options thread too much (ggg) after a nice gain like today in PFE which is already in nosebleed territory, the smart thing to do is dump calls (or the stock for that matter IMO) but especially sell the calls. The stock could open at 97 tomorrow if something happens tonight, and you're just screwed. No amount of watching will help you. Good luck. I think you're playiing w/ fire.

Of course, I hope for your sake that I'm just nuts. Cause I'd love for you to roll back into NE STOCK w/ a boatload of cash!!!!!!!!!

Good luck!

-Lucretius

BTW-- ALL: please disregard my DELL ref. on my previous post. I should've put that in a priv meesage to Thean. he informed me that I could be accused of "hyping" a short of DELL, and I would hate for that to be the case and wouldn't want anyone to act upon it. honestly, please ignore that post (you probably did anyway! (ggg). Thanks.
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