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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: SliderOnTheBlack who wrote (31343)11/1/1998 6:59:00 PM
From: Lucretius  Read Replies (1) of 95453
 
A US and European recession must be priced into oil prices, that will give you your final leg down in the drillers, IMO.

I never said they would lose 80%. read my post again or go back to your pocket dictionary for help. (G)

as for what I see for the rest of the mkt... I didn't say a word about it. I'm talking about the drillers... period.

I think the US mkt is going lower too though if you really want to know. I post regularly on the Invest Ltd thread if you want to find me.

-Lucretius
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