Strictly: Drilling and oil-field services Message Board

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

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To: SliderOnTheBlack who wrote (31365)	11/2/1998 9:14:00 AM
From: Lucretius	Read Replies (1) of 95453

Once again, Slider... get your facts straight. the Fed cut rates from around 6% to 1% after the '29 crash. The DOW proceeded to lose 95% over the next couple years. Short sellers who fought the Fed, pounded it into the ground. Similarly, Tokyo cut rates form around 6% to 1/2% and their mkt went from 39000 to a low of 13000 a few weeks ago (which i agree w/ Barton it has probably seen a bottom) I post on this thread to drop a note (a bullish one mind you!) And I am instantly attacked by your childish antics. You either need to grow up or see a counselor concerning these aggressive feelings, or go join the circus as a clown. (G) Like I said, I see one last selloff in the drillers to new lows before their new bull mkt begins. I hope I am wrong for your sake. -Lucretius

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