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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Broken_Clock who wrote (24682)6/24/1998 7:26:00 PM
From: Amelia Carhartt  Read Replies (3) of 95453
 
P...I know I'm full of bullpucky but there is something really askew with the picture I am seeing. Over on the major US indexes things are so good stocks are popping 5-10-15 bucks a share. PE who cares about PE's. Earnings? Get a grip. The sky is the limit with no end in sight to all these good times.

And, yet, on the threads I visit Asia, gold, oil and Y2K, the world is basically unraveling. There is no way in my mind to rationalize the disparity. I really feel it won't be long now until the market in general finds out what it was like to be long the energy sector in May and June.
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