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Gold/Mining/Energy : East West Res.

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To: Wizzer who wrote (230)7/28/1998 7:09:00 PM
From: Russell J. Gilbert  Read Replies (2) of 253
 
Wisam,
Although the VSE stocks are in the toilet, I don't think we have seen anything yet!!!
My gut is telling me we will see a major correction in the overall markets. Look at Asia. Look at the volitility of the NY markets. Clinton and Monica? Well that is a different story. If Clinton has proceedings started against him, then you can kiss the good-times goodbye and hello recession. Also, don't forget the Y2K factor.
Now on the bright side, bad news does not last forever. When things are the worst is the best time to capitalize on them. The only problem with that gem of a philosophy is that you have to have capital ready. My capital mis all tied up in the freakin market. Man o man, remember last year when ewr was at .90+? Could happen again but it is going to take a while. Anyone got the winning numbers for tomorrows lottery?
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