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

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To: Teddy who wrote (30715)10/15/1998 1:46:00 AM
From: SliderOnTheBlack  Read Replies (1) of 95453
 
Teddy...as this post is undoubtedly past your nite-nite time...

Hopefully, you'll read it in the a.m.

All stocks are risky 'Lil Theodore. FGII could well go to $5 if Clinton gets Impeached (if you're really 14, don't be reading that Monica stufff now..) and if we see a ''bomb'' dropped concerning Japan, Brazil or Hedge Fund/Us Bank losses etc. But, we will undoubtedly see a $24-$30-$40 FGII again as well... PS Teddy; Lesson #1 - when Oil is $17 - FGII will not be at $10 ! Can't quite have it both ways - wishfull thinking & a pleasant thought though... Quite simply with FGII @ $10, the upside so dramatically dwarfs the downside, in a historical perspective relative to crude prices; that this is just about as good as it gets for a ''risk oriented'' investor which I am. Theodore; please take comments and points of view in perspective when judging, commenting on or responding to others posts. I am an acknowledged ''Elephant Hunter.'' I am willing to take those Mark McGwire-esque swings for the fences. I am willing just like Babe Ruth; to strike out 1800+ times, to hit 700+ Home Runs... it is all relative to the risk tolerance and goals of the individual investor/poster. My comments have been preferenced by these remarks. I am way on the perimeter of risk tolerance.

For a conservative investor like yourself; if you are really 14 years old (?) - I would advise not buying ''old tech'' commodities like gold; but instead buying some commodites more contemporaneous to your age and generation; how about some Hanson Lunch Pails or collecting all the Antz premiums from McDonalds along with some Beanie Babies <VBG> ?

And if you are a little more risk tolerant; buy someMcGwire or Sosa Rookie Cards ! ... I've got a Nolan Ryan Rookie card - do you know who he was ?... how about Tom Seaver ? , Rocky Colovito or Al Kaline; do you know who they were ? Ever hear of Joe Namath ? Johnny U ? The AFL ? Know that Steve Young premiered in the USFL ? Ever see a red, white & blue ABA basketball ? --- ohhh to be 14 again ...! Teddy, there are soooo many other things for a 14 year old to be worrying about than what ''The Slider" thinks about FGII etc.

.... good luck Theodore; you've got a good start on life financially if you are 14 years old... PS - read a couple Waren Buffet books and stay off that ''other'' thread - they will teach you very bad things . Learn to do some bottom fishing at a young age and combine that with catching a few rising tech stars, throw in a Gap, American Eagle Outfitters and other "Gen X" plays and you'll have a bright future :)

PS - no more posts like the one below - okay ?

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