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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: SliderOnTheBlack who wrote (30231)10/1/1998 9:52:00 AM
From: Crimson Ghost  Read Replies (2) of 95453
 
Slider:

OSX opened UP 1% today despite plunging market. Gold and gold stocks continue to surge. The strength in gold is very positive for the oil sector down the road. Where gold leads oil follows.

I do think you are much too optimistic on the financial sector. I have long viewed this sector as the most overvalued and risky in the entire market. With the global financial system imploding, the risks here are enormous. Stocks which have dropped 50% can easily fall another 50%. That is what happened to many blue chip "darlings' in the 1973-74 bear.
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