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Gold/Mining/Energy : Ensco International Inc. (ESV)

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To: Michael W. Brom who wrote (1568)12/2/1998 3:23:00 PM
From: Kevin G. O'Neill  Read Replies (2) of 2005
 
It is very warm; in more ways than one!   I really haven't a clue how low it'll get, but the share price is now where I promised myself I'd start adding to my painfully damaged position.

It remains difficult to step up to the plate, of course, looking at the bloody tape. Feels like we'll probably test lower numbers. What is the downside? I expect we'll avoid testing the $4 lows of Jan/'93; I'll guess our bottom at 7 5/8 sometime in January. It will be an unforeseeable event that will change this picture. [My # is purely a guess for entertainment purposes only!] What's your guess and what's your timing?
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