Strictly: Oil and Gas Exploration Companies Message Board

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Gold/Mining/Energy : Strictly: Oil and Gas Exploration Companies

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To: Aggie who wrote (48)	9/20/1998 12:30:00 AM
From: PuddleGlum	of 318

Aggie- I think the consensus is that the market is forward-looking, and that we are very near the bottom, and perhaps past it. The current world economic situation could certainly get worse, but if that happens the market will give us advance notice of it. I'd say we still need to be nimble, and since most of us aren't dealing with play money we need to listen to the markets, fundamentals, our good sense, and our own tolerance for pain. I thought last December that I'd experienced as much market pain as I'd ever see, then it got worse in May and June, and by September 1 I was stunned.

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