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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: SliderOnTheBlack who wrote (25782)7/15/1998 2:09:00 PM
From: Lucretius  Read Replies (3) of 95453
 
was alerted to your post by a friend. Just so you'll know. I think you are out of the loop. I told this thread 2 weeks ago that my industry sources were saying that earnings estimates were WAY TOO HIGH. They still are. These stocks won't bottom till those estimates come down to reality. These stocks have flagged before many times in their downtrend. Don't be fooled by a 2 day bounce. I see no volume behind it (even if I didn't know what I know) to make me believe this is the turn. My advise.... reconsider your position.

-Lucretius
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