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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: The Ox who wrote (30657)10/13/1998 9:01:00 AM
From: Crimson Ghost  Read Replies (1) of 95453
 
Markets discount the future. OSX prices are depressed now because the market anticipates serious earnings problems for the next few quarters. Similarly prices will rebound long before earnings improve. You have to buy these stocks when the sky is falling and sell them when all appears rosy.
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