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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: SliderOnTheBlack who wrote (25580)7/13/1998 11:57:00 AM
From: marc chatman  Read Replies (1) of 95453
 
Slider, it's hard to argue against your point that these stocks are at ridiculous levels and are screaming buys for anyone with a long term perspective. But it was hard to argue against it last week, when some stocks were 20% higher, or the week before, when they were higher still, etc.

I think most investors have had enough, or they see no reason to buy now when they think the stocks will be cheaper tomorrow or the next day, or they will be happier buying on the way up, assuming that day comes. On any given day, I fall into all three categories.
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